4//SEC Filing
Breininger Stephen K 4
Accession 0001209191-19-005286
CIK 0000922224other
Filed
Jan 24, 7:00 PM ET
Accepted
Jan 25, 1:48 PM ET
Size
14.9 KB
Accession
0001209191-19-005286
Insider Transaction Report
Form 4
PPL CorpPPL
Breininger Stephen K
Vice President & Controller
Transactions
- Award
Performance Stock Unit (SIP)
2019-01-24+3,051→ 3,051 total→ Common Stock (3,051 underlying) - Award
Stock Unit (SIP)
2019-01-24+1,526→ 1,526 total→ Common Stock (1,526 underlying) - Award
Performance Stock Unit (SIP)
2019-01-24+3,051→ 3,051 total→ Common Stock (3,051 underlying) - Other
Performance Stock Unit (SIP)
2019-01-24−4,168.401→ 0 total→ Common Stock (4,168.401 underlying)
Footnotes (9)
- [F1]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.
- [F2]The units will vest on 01/24/2022.
- [F3]As of 01/25/2019, total restricted stock units beneficially owned is 8,240.314. This total includes the 01/26/2017 grant of 1,326.531 restricted stock units, the 02/17/2017 grant of 3,935.334 restricted stock units, and the 01/25/2018 grant of 1,452.449 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 01/24/2019 grant of 1,526 restricted stock units.
- [F4]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 12/31/2021. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation, Governance and Nominating Committee in January 2022.
- [F5]As of 01/25/2019, total performance units beneficially owned is 17,215.798. This total includes the 01/26/2017 grants of 3,979.589 and 1,326.531 performance units, and the 01/25/2018 grants of 2,903.839 and 2,903.839 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 01/24/2019 grants of 3,051 and 3,051 performance 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 return on equity over a three-year performance period ending December 31, 2021. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation, Governance and Nominating Committee in January 2022.
- [F7]No conversion or exercise price or exercise or expiration date applies.
- [F8]Represents 0% payout of performance units granted in 2016 due to Company performance below minimum "total shareowner return" threshold at expiration of three-year performance period.
- [F9]Total includes the reinvestment of dividends.
Documents
Issuer
PPL Corp
CIK 0000922224
Entity typeother
Related Parties
1- filerCIK 0001610589
Filing Metadata
- Form type
- 4
- Filed
- Jan 24, 7:00 PM ET
- Accepted
- Jan 25, 1:48 PM ET
- Size
- 14.9 KB