SEC Form 4 · accession 0001209191-19-008438
PREFORMED LINE PRODUCTS CO · PLPC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
J Cecil Curlee Jr.
Officer — V.P. - Human Resources
Period of report
Feb 6, 2019
Accepted (ET)
Feb 8, 2019 · 2:48 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 | Feb 6, 2019 | M | 764 | $0.00 | A | 1,860 | D | |
| Common shares, $2 par valueF3,F2 | Feb 6, 2019 | M | 328 | $0.00 | A | 2,188 | D | |
| Common shares, $2 par valueF4 | Feb 6, 2019 | M | 4,384 | $0.00 | A | 6,572 | D | |
| Common shares, $2 par value | Feb 6, 2019 | F | 3,025 | $56.44 | D | 3,547 | D | |
| Common shares, $2 par value | holding | — | — | — | 18,655 | 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 unitsF2,F1 | $0.00 | Feb 6, 2019 | M | 1,146 | D | — | — | Common Shares, $2 par value | 1,146 | 0 | D |
| Restricted stock unitsF2,F3 | $0.00 | Feb 6, 2019 | M | 985 | D | — | — | Common Shares, $2 par value | 985 | 0 | D |
Explanation of responses
- F1On February 1, 2017, the reporting person was granted 1,146 service based restricted stock units, which vested pro-rata due to retirement from the company, whereby 764 were settled in common shares and 382 were forfeited.
- F2Restricted stock units convert into common stock on a one-for-one basis.
- F3On February 1, 2018, the reporting person was granted 985 service based restricted stock units, which vested pro-rata due to retirement from the company, whereby 328 were settled in common shares and 657 were forfeited.
- F4Restricted stock units converted into common stock on a one-for-one basis, based on the achievement of performance goals.