SEC Form 4 · accession 0001209191-19-008450
PREFORMED LINE PRODUCTS CO · PLPC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John M Hofstetter
Officer — V.P. - Global Communications
Period of report
Feb 6, 2019
Accepted (ET)
Feb 8, 2019 · 3:37 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, 2019 | M | 3,876 | $0.00 | A | 6,918 | D | |
| Common shares, $2 par value | Feb 6, 2019 | F | 1,541 | $56.44 | D | 5,377 | D | |
| Common shares, $2 par value | holding | — | — | — | 1,110 | I | by 401(k) plan | |
| Common shares, $2 par value | holding | — | — | — | 532 | 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,F2 | $0.00 | Feb 6, 2019 | A | 886 | A | — | — | Common Shares, $2 par value | 886 | 886 | D |
| Restricted stock unitsF2 | $0.00 | holding | — | — | — | — | — | Common Shares, $2 par value | 1,079 | 1,079 | D |
| Restricted stock unitsF2 | $0.00 | holding | — | — | — | — | — | Common Shares, $2 par value | 880 | 880 | 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 3 years from the date of grant.
- F3Each restricted stock unit represents a contingent right to receive one Common Share.