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): May 5, 2020

 

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)

 

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 PLPC NASDAQ

  

Registrant’s Telephone Number, Including Area Code: (440) 461-5200

 

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

 

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 Instructions 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))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

 

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. ¨

 

 

 

 

  

ITEM. 5.07SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

 

On May 5, 2020, Preformed Line Products Company (the “Company”) held its annual meeting of shareholders at its principal executive offices in Mayfield Village, Ohio. At the meeting, the shareholders voted on several proposals, the results of which are as follows:

 

1.             Director Elections. The shareholders voted to re-elect certain persons to the Board of Directors for a term expiring at the 2022 annual meeting of the shareholders. The individuals listed below were elected to the Company’s Board of Directors, each to hold office until the designated annual meeting or until his successor is elected and qualified, or until his earlier resignation. The table below indicates the votes for, votes against, votes withheld and broker non-votes for the election of the four director nominees.

 

   Term Expiring  Votes For  Votes Against  Votes Withheld  Broker Non-Votes
Glenn E. Corlett  2022  3,561,699  0  719,264  251,110
Michael E. Gibbons  2022  4,219,360  0   61,603  251,110
R. Steven Kestner  2022  3,644,292  0  636,671  251,110
J. Ryan Ruhlman  2022  3,615,263  0  665,700  251,110

 

2.             Advisory Vote on Executive Compensation. The shareholders voted to approve the compensation paid to the Company’s Named Executive Officers (“NEOs”) as disclosed in the Proxy Statement. The table below indicates the votes for, votes against, votes withheld and broker non-votes on this non-binding proposal.

 

   Votes For  Votes Against  Votes Withheld  Broker Non-Votes
Named Executive Officers’ Compensation  4,127,215  145,237  8,511  251,110

 

3.             Ratification of the Appointment of Ernst & Young LLP. The shareholders voted to approve the ratification of Ernst & Young LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2020. The table below indicates the votes for, votes against, votes withheld, and broker non-votes on this proposal.

 

   Votes For  Votes Against  Votes Withheld  Broker Non-Votes
Ratification of Appointment of Ernst & Young LLP  4,513,770  13,636  4,667  0

 

 

 

 

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
     
  /s/ Caroline S. Vaccariello
  Caroline S. Vaccariello, General Counsel & Corporate Secretary  
DATED:  May 7, 2020