SEC Form 4 · accession 0001209191-19-008622
PREFORMED LINE PRODUCTS CO · PLPC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jon Ryan Ruhlman
Officer — V.P.-Marketing & Bus. Develop. · Director
Period of report
Feb 6, 2019
Accepted (ET)
Feb 8, 2019 · 5:03 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 | 3,230 | $0.00 | A | 4,571 | D | |
| Common shares, $2 par value | Feb 6, 2019 | F | 1,440 | $56.44 | D | 3,131 | D | |
| Common shares, $2 par value | holding | — | — | — | 79 | I | by 401(k) plan | |
| Common shares, $2 par value | holding | — | — | — | 650 | I | by Roth IRA |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted stock unitsF4,F3 | $0.00 | Feb 6, 2019 | A | 957 | A | — | — | Common Shares, $2 par value | 957 | 957 | D |
| Employee stock option (right to buy)F2 | $42.98 | holding | — | — | — | Dec 16, 2016 | Dec 15, 2025 | Common Shares, $2 par value | 2,500 | 1,250 | D |
| Restricted stock unitsF3 | $0.00 | holding | — | — | — | — | — | Common Shares, $2 par value | 985 | 985 | D |
| Restricted stock unitsF3 | $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.
- F2On December 16, 2015, the reporting person was granted 2,500 stock options, of which 1,250 remain and are fully vested.
- F3Restricted stock units vest 3 years from the date of grant.
- F4Restricted stock units convert into common stock on a one-for-one basis.