MICHAEL E. GIBBONS - 16 May 2023 Form 4 Insider Report for PREFORMED LINE PRODUCTS CO (PLPC)

Role
Director
Signature
/s/Caroline S. Vaccariello, by power of attorney
Issuer symbol
PLPC
Transactions as of
16 May 2023
Net transactions value
-$533,861
Form type
4
Filing time
14 Jun 2023, 14:43:51 UTC
Previous filing
24 Apr 2023
Next filing
05 Jul 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLPC Common shares, $2 par value Sale $56,137 -379 -4.6% $148.12 7,891 16 May 2023 Direct F1, F2
transaction PLPC Common shares, $2 par value Sale $65,834 -448 -5.7% $146.95 7,443 16 May 2023 Direct F3
transaction PLPC Common shares, $2 par value Sale $236,115 -1,619 -22% $145.84 5,824 16 May 2023 Direct F4
transaction PLPC Common shares, $2 par value Sale $175,775 -1,214 -21% $144.79 4,610 16 May 2023 Direct F5
holding PLPC Common shares, $2 par value 13,391 16 May 2023 by rabbi trust for Deferred Compensation Plan F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $147.60 to $148.56, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1), (3), (4), and (5) to this Form 4.
F2 The Reporting Persons sale of 29 Common Shares reported herein was matchable under Section 16(b) of the Securities Exchange Act of 1934, as amended, with the Reporting Persons purchase of 17 and 12 Common Shares at a price of $87.503 per share on January 30, 2023 and $127.69 per share on April 21, 2023, respectively, which purchases occurred automatically as result of a dividend re-investment election by the Reporting Person. The Reporting Person has paid to the Issuer $1,286, representing the full amount of the profit realized in connection with the short-swing transaction.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $146.57 to $147.34, inclusive.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $145.34 to $146.32, inclusive.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $144.53 to $145.32, inclusive.
F6 Represents Company common shares held by a Rabbi Trust pursuant to the Reporting Person's election to defer 2023 directors' fees under the Company's Directors Deferred Compensation Plan (the "Plan"). Deferred amounts under the Plan shall be paid to the Reporting Person in a distribution of Common Shares.