SEC Form 4 · accession 0001209191-17-063214
PREFORMED LINE PRODUCTS CO · PLPC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
C Sunkle David
Officer — VP-Research & Engineering
Period of report
Nov 14, 2017
Accepted (ET)
Dec 1, 2017 · 4:36 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 | Nov 14, 2017 | S | 3,677 | $62.36 | D | 408 | I | by 401(k) plan |
| Common shares, $2 par value | holding | — | — | — | 19,499 | I | by rabbi trust for Deferred Compensation Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted stock unitsF3 | $0.00 | holding | — | — | — | — | — | Common Shares, $2 par value | 828 | 828 | D |
| Restricted stock unitsF3 | $0.00 | holding | — | — | — | — | — | Common Shares, $2 par value | 1,346 | 1,346 | D |
| Restricted stock unitsF3 | $0.00 | holding | — | — | — | — | — | Common Shares, $2 par value | 1,407 | 1,407 | D |
Explanation of responses
- F1Reporting person liquidated a portion of ownership in a unitized stock fund within the Company's 401k plan for reinvestment in other funds within the plan in a discretionary transaction. The stock fund is denominated in units, consisting of Common Shares and cash. This disposition of units is expressed in terms of the NAV price calculated at the time of disposition.
- F2Remaining ownership in unitized stock fund within company's 401k plan is 408 units.
- F3Restricted stock units vest 3 years from the date of grant.