Barbara P Ruhlman Revocable Trust dated 9/21/16's Form 4 filing
Preformed Line Products Co (PLPC) · filed Sep 16, 2022
- Accession no.
- 0000899243-22-031307
- Filed
- Sep 16, 2022
- Trade date
- Sep 14, 2022
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 1 non-derivative transaction. Open-market sales total $36.0M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Barbara P Ruhlman Revocable Trust dated 9/21/16CIK 0001690613 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Sep 14, 2022 | Common shares, $2 par value | SSaleDisposed | −810,400 | $44.40F1 | −$35,981,760 | 0 | Direct | Duplicate filing |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
Pursuant to the terms of the trust agreement (the "Trust Agreement") of the Barbara P. Ruhlman Revocable Trust dated 9/21/16 (the "Trust"), the shares were sold to the trust established under the Irrevocable Trust Agreement between Barbara P. Ruhlman and Bernard L. Karr, dated July 29, 2008 (the "2008 IDGT Trust"). The purchase price was determined by the Trust Agreement as the value as finally determined for federal estate tax purposes, calculated based on the average of the means between the highest and lowest sales of the Common Shares on July 1, 2022 and July 5, 2022, plus the declared dividend, and after applying a blockage discount because of the large size of Common Shares being sold.
Referenced by the price of 1 transaction in Table I.