Unassociated Document
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 17, 2010

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):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 

 
ITEM 1.01   Entry into a Material Definitive Agreement.

Shares Purchase Agreement

On August 17, 2010, Preformed Line Products Company (the “Company”), upon the approval of the Audit Committee of the Board of Directors and the Board of Directors, purchased 32,687 Common Shares of the Company from a trust for the benefit of Barbara P. Ruhlman at a price per share of $32.43.  Barbara P. Ruhlman is a member of the Company’s Board of Directors and the mother of Robert G. Ruhlman and Randall M. Ruhlman, both of whom are also 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 a Shares Purchase Agreement dated August 17, 2010 by and  between the Company and Bernard L. Karr, as trustee, under trust agreement dated February 16, 1985.

A copy of the Shares Purchase Agreement is attached hereto as Exhibit 10.1.


EXHIBIT
10.1           Stock Purchase Agreement

 
 
 
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 17, 2010
/s/ Caroline Vaccariello  
  Caroline Vaccariello  
  General Counsel and Corporate Secretary