SEC Form 4 · accession 0001209191-18-000251
PREFORMED LINE PRODUCTS CO · PLPC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dennis F McKenna
Officer — Exec. VP Global Bus. Develop.
Period of report
Jan 2, 2018
Accepted (ET)
Jan 2, 2018 · 4:51 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 2, 2018 | M | 1,087 | $0.00 | A | 1,087 | D | |
| Common shares, $2 par value | holding | — | — | — | 24,535 | I | by rabbi trust for Deferred Compensation Plan | |
| Common shares, $2 par value | holding | — | — | — | 1,987 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted stock unitsF1,F2 | $0.00 | Jan 2, 2018 | M | 1,087 | D | — | — | Common Shares, $2 par value | 1,087 | 0 | D |
| Restricted stock unitsF3 | $0.00 | holding | — | — | — | — | — | Common Shares, $2 par value | 1,637 | 1,637 | D |
| Restricted stock unitsF4 | $0.00 | holding | — | — | — | — | — | Common Shares, $2 par value | 1,712 | 1,712 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F2On February 24, 2015, the reporting person was granted 1,087 service based restricted stock units, which vested in full on December 31, 2017 and were settled in common shares on January 2, 2018.
- F3Restricted stock units vest on December 31, 2018 and are settled in common shares on the following business day.
- F4Restricted stock units vest on December 31, 2019 and are settled in common shares on the following business day.