John J. Olenik - Jan 2, 2025 Form 4 Insider Report for PREFORMED LINE PRODUCTS CO (PLPC)

Signature
/s/ Caroline S. Vaccariello, by power of attorney
Stock symbol
PLPC
Transactions as of
Jan 2, 2025
Transactions value $
-$91,589
Form type
4
Date filed
1/6/2025, 02:53 PM
Previous filing
Feb 8, 2024
Next filing
Feb 7, 2025

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 +1.34K +31.96% $0.00 5.53K Jan 2, 2025 Direct F1
transaction PLPC Common shares, $2 par value Tax liability -$91.6K -668 -12.09% $137.11 4.86K Jan 2, 2025 Direct
holding PLPC Common shares, $2 par value 752 Jan 2, 2025 by 401(k) 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 Options Exercise $0 +1.34K $0.00 0 Jan 2, 2025 Common shares, $2 par value 1.34K $0.00 Direct F1, F2
holding PLPC Restricted stock units 1K Jan 2, 2025 Common shares, $2 par value 1K $0.00 Direct F3
holding PLPC Restricted stock units 783 Jan 2, 2025 Common shares, $2 par value 783 $0.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 On February 3, 2022, the reporting person was granted 1,338 service based restricted stock units, which vested in full on December 31, 2024, and were settled in common shares on January 2, 2025.
F3 Restricted stock units vest 3 years from the date of grant.