PPL Corp 4

4 · PPL Corp · Filed Jan 26, 2016

Form 4

Period: 2016-01-22

Sr. VP, General Counsel & Sec.

Transactions

Exercise/Conversion
Common Stock
2016-01-25$33.23/sh+17,787$591,062→ 32,400.316 total
Exercise/Conversion
Stock Unit (SIP)
2016-01-22−20,631.316→ 0 total
Exercise: $0.00→ Common Stock (20,631.316 underlying)
Exercise/Conversion
Performance Stock Unit (SIP)
2016-01-25−17,787→ 0 total
Exercise: $0.00→ Common Stock (17,787 underlying)
Exercise/Conversion
Common Stock
2016-01-22$34.01/sh+20,631.316$701,671→ 21,270.316 total
Tax Payment
Common Stock
2016-01-22$34.01/sh−6,657$226,405→ 14,613.316 total
Tax Payment
Common Stock
2016-01-25$33.23/sh−6,955$231,115→ 25,445.316 total

Holdings

Footnotes (4)

[F1]Shares withheld by the Company at the request of the executive officer to pay taxes due following expiration of the applicable restriction period, under the terms of the Stock Incentive Plan (SIP).
[F2]Total includes the reinvestment of dividends.
[F3]The contractual vesting of these units was to occur on 01/24/2016, but because that occurred on a weekend, the actual vesting occurred on 01/25/2016, valued as of the close of market on 01/22/2016.
[F4]No conversion or exercise price or exercise or expiration date applies. Under the terms of the Stock Incentive Plan (SIP), the underlying securities were earned (142.86%) based on the Company's performance relative to an industry peer group over a three-year performance period ending 12/31/2015. Determination of the percentage of the award earned was made by the Compensation, Governance and Nominating Committee on 01/21/2016 and calculation of the underlying shares to be delivered, net of withholding, was completed on 01/25/2016.

Documents

1 file