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PREFORMED LINE PRODUCTS CO — Director's Dealing 2021
Jun 14, 2021
32257_dirs_2021-06-14_3194c3dd-575d-4a57-9dfa-b9a0c4df1a66.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PREFORMED LINE PRODUCTS CO (PLPC)
CIK: 0000080035
Period of Report: 2021-06-11
Reporting Person: Klaus Andrew S (CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-06-11 | Common shares, $2 par value | M | 5000 | $47.24 | Acquired | 9054 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-06-11 | Employee stock option (right to buy) | $47.24 | M | 5000 | Disposed | 2030-04-09 | Common Shares, $2 par value (10000) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted stock units | $0.00 | Common Shares, $2 par value (1783) | 1783 | Direct |
Footnotes
F1: On April 10, 2020, the Reporting Person was granted 10,000 stock options, of which 5,000 vested on April 9, 2021, 2,500 will vest on April 9, 2022, and the remaining 2,500 will vest on April 9, 2023. This transaction refers to the exercise and hold of the vested 5,000 shares at the option strike price.
F2: Restricted stock units convert into common stock on a one-for-one basis.
F3: Restricted stock units vest 3 years from the date of grant of February 5, 2021.
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