4//SEC Filing
PPL Corp 4
Accession 0001209191-17-006099
$PPLCIK 0000922224operating
Filed
Jan 29, 7:00 PM ET
Accepted
Jan 30, 3:49 PM ET
Size
18.3 KB
Accession
0001209191-17-006099
Insider Transaction Report
Form 4
PPL CorpPPL
Staffieri Victor A
President of a PPL Subsidiary
Transactions
- Exercise/Conversion
Common Stock
2017-01-27$34.41/sh+21,477$739,024→ 21,477 total - Award
Performance Stock Unit (SIP)
2017-01-26+24,754→ 24,754 total→ Common Stock (24,754 underlying) - Award
Performance Stock Unit (SIP)
2017-01-26+8,252→ 8,252 total→ Common Stock (8,252 underlying) - Exercise/Conversion
Performance Stock Unit (SIP)
2017-01-27−21,477→ 0 totalExercise: $0.00→ Common Stock (21,477 underlying) - Tax Payment
Common Stock
2017-01-27$34.41/sh−10,771$370,630→ 10,706 total - Award
Stock Unit (SIP)
2017-01-26+8,252→ 8,252 total→ Common Stock (8,252 underlying)
Footnotes (9)
- [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]No conversion or exercise price applies. Under the terms of the Stock Incentive Plan (SIP), a restricted stock unit converts to a share of common stock on the applicable vesting date.
- [F3]The units will vest on 01/26/2020.
- [F4]As of 01/30/2017, total restricted stock units beneficially owned is 61,321.986. This total includes the 01/22/2015 grant of 27,829.174 restricted stock units and the 01/21/2016 grant of 25,240.812 restricted stock units, plus in each case, the incremental addition of restricted stock units credited to the original grant in amounts equal to dividend equivalents deemed earned on shares underlying such restricted stock units, and the 01/26/2017 grant of 8,252 restricted stock units.
- [F5]No conversion or exercise price or exercise or expiration date applies. Under the terms of the Stock Incentive Plan (SIP), all, some or none of the underlying securities will be earned depending on the Company's performance relative to an industry peer group over a three-year performance period ending 12/31/2019. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation, Governance and Nominating Committee in January 2020.
- [F6]As of 01/30/2017, total performance units beneficially owned is 87,772.712. This total includes the 01/22/2015 grant of 28,029.058 performance units and the 01/21/2016 grant of 26,737.654 performance units, plus in each case, the incremental addition of performance units credited to the original grant in amounts equal to dividend equivalents deemed earned on shares underlying such performance units, and the 01/26/2017 grants of 24,754 and 8,252 performance units.
- [F7]No conversion or exercise price or exercise or expiration date applies. Under the terms of the Stock Incentive Plan (SIP), all, some or none of the underlying securities will be earned depending on the Company's return on equity over a three-year performance period ending December 31, 2019. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation, Governance and Nominating Committee in January 2020.
- [F8]Total includes the reinvestment of dividends.
- [F9]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 (62%) based on the Company's performance relative to an industry peer group over a three-year performance period ending 12/31/2016. Determination of the percentage of the award earned was made by the Compensation, Governance and Nominating Committee on 01/26/2017 and calculation of the underlying shares to be delivered, net of withholding, was completed on 01/27/2017.
Documents
Issuer
PPL Corp
CIK 0000922224
Entity typeoperating
Related Parties
1- filerCIK 0000922224
Filing Metadata
- Form type
- 4
- Filed
- Jan 29, 7:00 PM ET
- Accepted
- Jan 30, 3:49 PM ET
- Size
- 18.3 KB