SEC Form 4 · accession 0001209191-16-089885
PREFORMED LINE PRODUCTS CO · PLPC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Caroline Saylor Vaccariello
Officer — General Counsel&Corp Secretary
Period of report
Jan 4, 2016
Accepted (ET)
Jan 6, 2016 · 4:49 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000080035
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common shares, $2 par valueF1 | Jan 4, 2016 | F | 91 | $42.21 | D | 7,079 | D | |
| Common shares, $2 par valueF1 | holding | — | — | — | 16,857 | I | by trust | |
| Common shares, $2 par valueF2 | holding | — | — | — | 479 | I | by 401k plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee stock option (right to buy) | $35.50 | holding | — | — | — | Jan 3, 2008 | Jan 2, 2017 | Common shares, $2 par value | 4,450 | 4,450 | D |
Explanation of responses
- F1Reflects a change in nature of Reporting Person's beneficial ownership. On 2/26/2013, 3,406 restricted share units were previously reported on Form 4 as direct beneficial ownership, whereby 681 have now vested, 590 of vested shares transferred to the Rabbi Trust, 91 shares were sold back to issuer to cover tax liability, and 2,725 underlying performance share awards were forfeited due to the Company's failure to achieve the specified performance criteria.
- F2Based on a plan statement as of September 30, 2015.