4//SEC Filing
Symons Robert A 4
Accession 0001209191-18-005817
CIK 0000922224other
Filed
Jan 28, 7:00 PM ET
Accepted
Jan 29, 3:43 PM ET
Size
18.5 KB
Accession
0001209191-18-005817
Insider Transaction Report
Form 4
PPL CorpPPL
Symons Robert A
Chief Exec of a PPL Subsidiary
Transactions
- Exercise/Conversion
Common Stock
2018-01-26$32.27/sh+2,904$93,712→ 9,013.739 total - Tax Payment
Common Stock
2018-01-26$32.27/sh−1,365$44,049→ 7,648.739 total - Award
Performance Stock Unit (SIP)
2018-01-25+7,215→ 7,215 total→ Common Stock (7,215 underlying) - Award
Stock Unit (SIP)
2018-01-25+3,608→ 3,608 total→ Common Stock (3,608 underlying) - Exercise/Conversion
Performance Stock Unit (SIP)
2018-01-26−2,904→ 0 totalExercise: $0.00→ Common Stock (2,904 underlying) - Award
Performance Stock Unit (SIP)
2018-01-25+7,215→ 7,215 total→ Common Stock (7,215 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 29,034.388. This total includes the 01/21/2016 grant of 10,131.59 restricted stock units, the 01/26/2017 grant of 4,319.33 restricted stock units, and the 02/17/2017 grant of 10,975.468 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 3,608 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 45,427.367. This total includes the 01/21/2016 grant of 10,732.247 performance units, the 04/01/2016 grant of 2,989.887 performance units, and the 01/26/2017 grants of 12,955.903 and 4,319.33 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 7,215 and 7,215 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 0001594463
Filing Metadata
- Form type
- 4
- Filed
- Jan 28, 7:00 PM ET
- Accepted
- Jan 29, 3:43 PM ET
- Size
- 18.5 KB