Preformed Line Products (PLPC) Form 4 PREFORMED LINE PRODUCTS / John J Olenik ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Olenik John J

(Last) (First) (Middle)

660 BETA DRIVE

(Street)

MAYFIELD VILLAGE OH 44143

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PREFORMED LINE PRODUCTS CO [ PLPC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
VP-Research & Engineering

3. Date of Earliest Transaction (Month/Day/Year)
08/17/2023

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common shares, $2 par value	08/17/2023		M		5,000(1)	A	$60.6	7,269	D
Common shares, $2 par value	08/17/2023		D		5,000	D	$170.88	2,269	D
Common shares, $2 par value								752	I	by 401k plan

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee stock option (right to buy)	$60.6	08/17/2023		M			5,000(1)	12/27/2019	12/27/2029	Common Shares, $2 par value	5,000	$60.6	0	D
Restricted stock units	$0.00(2)							(3)	(3)	Common Shares, $2 par value	1,012		1,012	D
Restricted stock units	$0.00(2)							(3)	(3)	Common Shares, $2 par value	1,338		1,338	D
Restricted stock units	$0.00(2)							(3)	(3)	Common Shares, $2 par value	1,000		1,000	D

Explanation of Responses:

1. On December 27, 2019, the Reporting Person was granted 5,000 stock options, of which 2,500 will vest on December 27, 2020, 1,250 will vest on December 27, 2021, and the remaining 1,250 will vest on December 27, 2022. This transaction refers to the exercise of the vested 5,000 shares at the option strike price.

2. Restricted stock units convert into common stock on a one-for-one basis.

3. Restricted stock units vest 3 years from the date of grant.

Remarks:

	/s/Caroline S. Vaccariello, by power of attorney	09/05/2023
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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