4//SEC Filing
Breininger Stephen K 4
Accession 0001209191-18-005801
CIK 0000922224other
Filed
Jan 28, 7:00 PM ET
Accepted
Jan 29, 3:29 PM ET
Size
20.0 KB
Accession
0001209191-18-005801
Insider Transaction Report
Form 4
PPL CorpPPL
Breininger Stephen K
Vice President & Controller
Transactions
- Exercise/Conversion
Common Stock
2018-01-26$32.27/sh+931$30,043→ 12,266.006 total - Tax Payment
Common Stock
2018-01-26$32.27/sh−273$8,810→ 11,993.006 total - Award
Stock Unit (SIP)
2018-01-25+1,372→ 1,372 total→ Common Stock (1,372 underlying) - Award
Performance Stock Unit (SIP)
2018-01-25+2,743→ 2,743 total→ Common Stock (2,743 underlying) - Award
Performance Stock Unit (SIP)
2018-01-25+2,743→ 2,743 total→ Common Stock (2,743 underlying) - Exercise/Conversion
Performance Stock Unit (SIP)
2018-01-26−931→ 0 totalExercise: $0.00→ Common Stock (931 underlying)
Holdings
- 202.594(indirect: By Trust)
Common Stock
- 541.861(indirect: By Spouse)
Common Stock
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]Total includes the reinvestment of dividends.
- [F3]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.
- [F4]The units will vest on 01/25/2021.
- [F5]As of 01/29/2018, total restricted stock units beneficially owned is 10,058.641. This total includes the 01/21/2016 grant of 3,716.223 restricted stock units, the 01/26/2017 grant of 1,253.056 restricted stock units, and the 02/17/2017 grant of 3,717.362 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 01/25/2018 grant of 1,372 restricted stock units.
- [F6]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 12/31/2020. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation, Governance and Nominating Committee in January 2021.
- [F7]As of 01/29/2018, total performance units beneficially owned is 14,435.741. This total includes the 01/21/2016 grant of 3,937.519 performance units, and the 01/26/2017 grants of 3,759.166 and 1,253.056 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 01/25/2018 grants of 2,743 and 2,743 performance units.
- [F8]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, 2020. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation, Governance and Nominating Committee in January 2021.
- [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 (25%) based on the Company's performance relative to an industry peer group over a three-year performance period ending 12/31/2017. Determination of the percentage of the award earned was made by the Compensation, Governance and Nominating Committee on 01/25/2018 and calculation of the underlying shares to be delivered, net of withholding, was completed on 01/26/2018.
Documents
Issuer
PPL Corp
CIK 0000922224
Entity typeother
Related Parties
1- filerCIK 0001610589
Filing Metadata
- Form type
- 4
- Filed
- Jan 28, 7:00 PM ET
- Accepted
- Jan 29, 3:29 PM ET
- Size
- 20.0 KB