Olenik John J 4
4 · PREFORMED LINE PRODUCTS CO · Filed Sep 5, 2023
Insider Transaction Report
Form 4
Olenik John J
VP-Research & Engineering
Transactions
- Disposition to Issuer
Common shares, $2 par value
2023-08-17$170.88/sh−5,000$854,400→ 2,269 total - Exercise/Conversion
Employee stock option (right to buy)
2023-08-17$60.60/sh−5,000$303,000→ 0 totalExercise: $60.60From: 2019-12-27Exp: 2029-12-27→ Common Shares, $2 par value (5,000 underlying) - Exercise/Conversion
Common shares, $2 par value
2023-08-17$60.60/sh+5,000$303,000→ 7,269 total
Holdings
- 752(indirect: By 401(k))
Common shares, $2 par value
- 1,012
Restricted stock units
Exercise: $0.00→ Common Shares, $2 par value (1,012 underlying) - 1,338
Restricted stock units
Exercise: $0.00→ Common Shares, $2 par value (1,338 underlying) - 1,000
Restricted stock units
Exercise: $0.00→ Common Shares, $2 par value (1,000 underlying)
Footnotes (3)
- [F1]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.
- [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.