Dennis F. McKenna - 02 Feb 2022 Form 4 Insider Report for PREFORMED LINE PRODUCTS CO (PLPC)

Role
COO Marketing & Sales
Signature
/s/ Caroline S. Vaccariello, by power of attorney
Issuer symbol
PLPC
Transactions as of
02 Feb 2022
Transactions value $
-$217,486
Form type
4
Filing time
04 Feb 2022, 14:25:04 UTC
Previous filing
05 Jan 2022
Next filing
15 Sep 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLPC Common shares, $2 par value Options Exercise $0 +6.1K +399.93% $0.00 7.62K 02 Feb 2022 Direct F1
transaction PLPC Common shares, $2 par value Tax liability -$217K -3.56K -46.76% $61.04 4.06K 02 Feb 2022 Direct
holding PLPC Common shares, $2 par value 24.5K 02 Feb 2022 by rabbi trust for Deferred Compensation Plan
holding PLPC Common shares, $2 par value 1.99K 02 Feb 2022 by 401k plan

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PLPC Restricted stock units Award $0 +3.14K $0.00 3.14K 02 Feb 2022 Common Shares, $2 par value 3.14K $0.00 Direct F2, F3
holding PLPC Restricted stock units 1.67K 02 Feb 2022 Common Shares, $2 par value 1.67K $0.00 Direct F2
holding PLPC Restricted stock units 2.41K 02 Feb 2022 Common Shares, $2 par value 2.41K $0.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units converted into common stock on a one-for-one basis, based on the achievement of performance goals.
F2 Restricted stock units vest 3 years from the date of grant.
F3 Each restricted stock unit represents a contingent right to receive one Common Share.