UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): August 23, 2016

 

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 (see General Instruction A.2. below):

 

¨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))

 

 

 

 

ITEM 1.01Entry into a Material Definitive Agreement.

 

Shares Purchase Agreements

 

On August 23, 2016, Preformed Line Products Company (the “Company”), upon the approval of the Audit Committee of the Board of Directors and the Board of Directors, purchased 27,448 Common Shares of the Company from a trust for the benefit of Barbara P. Ruhlman and a foundation of which Barbara P. Ruhlman, Robert G. Ruhlman, Randall M. Ruhlman and Bernard Karr are officers, at a price per share of $44.66. Barbara P. Ruhlman is a member of the Company’s Board of Directors and the mother of Robert G. Ruhlman and grandmother of J. Ryan Ruhlman, both of whom are members of the Board of Directors. Robert G. Ruhlman is Chairman, President and Chief Executive Officer of the Company. The purchase was consummated pursuant to two Shares Purchase Agreements both dated August 23, 2016, one between the Company and the trust and the other between the Company and the foundation.

 

Copies of the Shares Purchase Agreements are attached hereto as Exhibit 10.1 and Exhibit 10.2.

 

ITEM 9.01Financial Statements and Exhibits

 

Exhibit No. Description
10.1 Shares Purchase Agreement, Trust
10.2 Shares Purchase Agreement, Foundation

 

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  
       
Dated:    August 23, 2016 By: /s/ Caroline Vaccariello  
  Caroline Vaccariello  
  General Counsel and Corporate Secretary  

 

 

 

 

EXHIBIT INDEX

 

Exhibit No.   Description
10.1   Shares Purchase Agreement, Trust
10.2   Shares Purchase Agreement, Foundation