4//SEC Filing
Staffieri Victor A 4
Accession 0001209191-18-005816
CIK 0000922224other
Filed
Jan 28, 7:00 PM ET
Accepted
Jan 29, 3:41 PM ET
Size
18.4 KB
Accession
0001209191-18-005816
Insider Transaction Report
Form 4
PPL CorpPPL
Staffieri Victor A
President of a PPL Subsidiary
Transactions
- Exercise/Conversion
Common Stock
2018-01-26$32.27/sh+7,324$236,345→ 7,324 total - Tax Payment
Common Stock
2018-01-26$32.27/sh−3,092$99,779→ 4,232 total - Exercise/Conversion
Performance Stock Unit (SIP)
2018-01-26−7,324→ 0 totalExercise: $0.00→ Common Stock (7,324 underlying) - Award
Performance Stock Unit (SIP)
2018-01-25+17,597→ 17,597 total→ Common Stock (17,597 underlying) - Award
Stock Unit (SIP)
2018-01-25+8,799→ 8,799 total→ Common Stock (8,799 underlying) - Award
Performance Stock Unit (SIP)
2018-01-25+17,597→ 17,597 total→ Common Stock (17,597 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 01/25/2021.
- [F4]As of 01/29/2018, total restricted stock units beneficially owned is 67,787.507. This total includes the 01/21/2016 grant of 26,378.761 restricted stock units, the 01/26/2017 grant of 8,624.031 restricted stock units, and the 02/17/2017 grant of 23,985.715 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 8,799 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 12/31/2020. 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.
- [F6]As of 01/29/2018, total performance units beneficially owned is 97,631.118. This total includes the 01/21/2016 grant of 27,943.086 performance units, and the 01/26/2017 grants of 25,870.001 and 8,624.031 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 17,597 and 17,597 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, 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.
- [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 (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 0001504298
Filing Metadata
- Form type
- 4
- Filed
- Jan 28, 7:00 PM ET
- Accepted
- Jan 29, 3:41 PM ET
- Size
- 18.4 KB