SEC Form 4 · accession 0001209191-18-008316
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
Feb 6, 2018
Accepted (ET)
Feb 8, 2018 · 12:18 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 | Feb 6, 2018 | M | 1,275 | $0.00 | A | 2,103 | D | |
| Common shares, $2 par value | Feb 6, 2018 | F | 673 | $80.20 | D | 1,430 | D | |
| Common shares, $2 par value | holding | — | — | — | 19,499 | I | by rabbi trust for Deferred Compensation Plan | |
| Common shares, $2 par value | holding | — | — | — | 408 | I | by 401(k) 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 unitsF2 | $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 |
| Restricted stock unitsF4 | $0.00 | holding | — | — | — | — | — | Common Shares, $2 par value | 1,126 | 1,126 | D |
Explanation of responses
- F1Restricted stock units converted into common stock on a one-for-one basis, based on the achievement of performance goals.
- F2Restricted stock units vest on December 31, 2018 and are settled in common shares on the following business day.
- F3Restricted stock units vest on December 31, 2019 and are settled in common shares on the following business day.
- F4Restricted stock units vest on December 31, 2020 and are settled in common shares on the following business day.