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8-K/AThe WireRed Alert

Executive Change

Filed May 11, 2023 · 3y ago · Accession 0000950170-23-021122

Plain English

Material event — a significant development the company must disclose promptly.

Read the source below for the full document.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K/A Amendment No. 1 CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 01, 2023     Preformed Line Products Company (Exact name of Registrant as Specified in Its Charter)     Ohio 0-31164 34-0676895 (State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.)           660 Beta Drive   Mayfield Village , Ohio   44143 (Address of Principal Executive Offices)   (Zip Code)   Registrant’s Telephone Number, Including Area Code: 440 461-5200     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common stock, par value $2.00 per share   PLPC   Nasdaq Global Select Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐     Explanatory Note This Current Report on Form 8-K/A (the “Amendment”) amends the Current Report on Form 8-K filed by Preformed Line Products Company (the “Company”) with the U.S. Securities and Exchange Commission on May 9, 2023 (the “Original Form 8-K”). The purpose of this Amendment is to correct inadvertent errors in (1) the reported timing of Mr. Haag’s retirement, and (2) the description of Mr. Klaus’s award as restricted share units when it was an other stock-based award, and to correct the date of the report to be May 1, 2023. No other changes have been made to the Original Form 8-K. Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On May 1, 2023, Mr. William H. Haag, Vice President, Asia Pacific Region, of Preformed Line Products Company (the “Company”), announced his plans to retire from such position with the Company in the near term following a transition period to facilitate a seamless transition with his successor. Mr. Haag has been employed at the Company for 38 years, holding various positions. Additionally, on May 1, 2023, the Board of Directors of the Company appointed William Koh, age 53, as the Company’s Vice President, Asia Pacific Region, to replace Mr. Haag. This appointment will take effect immediately. Prior to his employment with the Company, Mr. Koh served as Regional Managing Director for TECO Electric and Machinery Co., Ltd, and several positions at Danaher, including Managing Director of the Southeast Asia division. Effective May 1, 2023, Mr. Koh will become eligible to participate equitably with the Company’s other executive officers in any of the Company’s plans relating to incentive compensation, pension, profit sharing, disability income insurance, life insurance, education, medical coverage, automobile allowance or leasing, or other retirement or employee benefits. On May 3, 2023, Mr. Andrew Klaus, Chief Financial Officer of the Company, received an award of 4,730 common shares as an other stock-based award (the “Award”) under the Company’s 2016 Long Term Incentive Plan with a grant date fair market value of $590,209. The Award vested in full on the grant date. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. PREFORMED LINE PRODUCTS COMPANY Date: May 11, 2023 By: /s/ Caroline Vaccariello Caroline Vaccariello General Counsel and Corporate Secretary
Filing details
Ticker
PLPC
CIK
80035
Form type
8-K/A
Filing date
May 11, 2023
Report date
May 1, 2023
Document
plpc-20230501.htm
Size
164 KB