SEC Form 3 filed by new insider Morcos Assaad A
$PLPC
Water Sewer Pipeline Comm & Power Line Construction
Industrials
| FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES 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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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 01/01/2025 |
3. Issuer Name and Ticker or Trading Symbol
PREFORMED LINE PRODUCTS CO [ PLPC ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Beneficially Owned | |||
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| 1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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| 1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
| Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
| Employee stock option (right to buy) | 12/11/2025 | 12/11/2035 | Common Shares, $2 par value per share | 7,500(1) | $132.4 | D | |
| Employee stock option (right to buy) | 07/19/2023 | 07/19/2032 | Common Shares, $2 par value per share | 625(2) | $61.24 | D | |
| Explanation of Responses: |
| 1. On December 11, 2024, the Reporting Person was granted 7,500 stock options, of which 3,750 stock options will vest on December 11, 2025, 1,875 stock options will vest on December 12, 2026, and the remaining 1,875 stock options will vest on December 12, 2027. |
| 2. On July 19, 2022, the Reporting Person was granted 2,500 stock options, of which 1,250 shares vested July 19, 2023, 625 shares vested July 19, 2024, and the remaining 625 shares will vest on July 19, 2025. Of the 2,500 stock options granted, 1,250 stock options were exercised on August 11, 2023 and 625 stock options were exercised on August 7, 2024. All shares exercised were sold back to the Company by the reporting person. |
| Remarks: |
| /s/ Caroline S Vaccariello, by power of attorney | 03/03/2025 | |
| ** 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 5 (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). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||