SEC Form 4 · accession 0001209191-17-000052
PREFORMED LINE PRODUCTS CO · PLPC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert G Ruhlman
Officer — President - CEO · Director · 10% Owner
Period of report
Dec 29, 2016
Accepted (ET)
Jan 3, 2017 · 12:53 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,F2 | Dec 29, 2016 | D | 1,511 | $56.38 | D | 0 | D | |
| Common shares, $2 par valueF1,F3 | Dec 29, 2016 | D | 3,489 | $56.38 | D | 151,911 | I | by revocable trust |
| Common shares, $2 par value | holding | — | — | — | 156,648 | I | by rabbi trust for Deferred Compensation Plan | |
| Common shares, $2 par valueF4 | holding | — | — | — | 11,250 | I | by trust | |
| Common shares, $2 par valueF5 | holding | — | — | — | 34,656 | I | by trust | |
| Common shares, $2 par value | holding | — | — | — | 300 | I | by spouse | |
| Common shares, $2 par value | holding | — | — | — | 6,274 | I | by 401(k) plan | |
| Common shares, $2 par value | holding | — | — | — | 350 | I | by Roth IRA | |
| Common shares, $2 par valueF6 | holding | — | — | — | 827,820 | I | by trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reporting person entered into an agreement with the issuer of these shares on December 15, 2016, to sell the shares back at the then 30 day average price.
- F2Previous Form 4 reports overstated the reporting person's direct holdings, since the shares held in his IRA were also reported on a separate line.
- F3Shares are held in a trust of which the Reporting Person is the trustee.
- F4Shares represent a 50% beneficiary interest in the Barbara P. Ruhlman Irrevocable Trust dated 7/29/08, of which the Reporting Person is also a co-Trust Advisor.
- F5Shares are held in trust for the benefit of Reporting Person and his children, and of which he serves as co-trustee.
- F6Shares held by the Barbara P Ruhlman Revocable Trust dated 9/21/16, of which Bernard Karr serves as trustee and Robert G. Ruhlman and Randall M. Ruhlman act as co-trust advisors with respect to the investment and voting of such shares. The reporting person disclaims beneficial ownership of the stock held by the Trust except to the extent of his pecuniary interest therein. This amount was previously reported in aggregate with the 11250 shares held by the Barbara P Ruhlman Irrevocable Trust Dated 7/29/08.