4//SEC Filing
Thompson Paul W 4
Accession 0001209191-20-004977
CIK 0000922224other
Filed
Jan 26, 7:00 PM ET
Accepted
Jan 27, 3:29 PM ET
Size
14.8 KB
Accession
0001209191-20-004977
Insider Transaction Report
Form 4
PPL CorpPPL
Thompson Paul W
President of a PPL Subsidiary
Transactions
- Award
Stock Unit (SIP)
2020-01-23+5,418→ 5,418 total→ Common Stock (5,418 underlying) - Other
Performance Stock Unit (SIP)
2020-01-23−20,193.173→ 0 total→ Common Stock (20,193.173 underlying) - Award
Performance Stock Unit (SIP)
2020-01-23+10,835→ 10,835 total→ Common Stock (10,835 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 01/23/2023.
- [F3]As of 01/27/2020, total restricted stock units beneficially owned is 27,749.143. This total includes the 02/17/2017 grant of 9,619.236 restricted stock units, the 01/25/2018 grant of 6,110.557 restricted stock units, and the 01/24/2019 grant of 6,601.35 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 01/23/2020 grant of 5,418 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 12/31/2022. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation Committee in January 2023.
- [F5]As of 01/27/2020, total performance units beneficially owned is 72,517.636. This total includes the 01/25/2018 grants of 12,221.118 and 12,221.118 performance units, and the 01/24/2019 grants of 13,202.7 and 13,202.7 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 01/23/2020 grants of 10,835 and 10,835 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 12/31/2022. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation Committee in January 2023.
- [F7]No conversion or exercise price or exercise or expiration date applies.
- [F8]Represents 0% payout of performance units granted in 2017 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 0001693122
Filing Metadata
- Form type
- 4
- Filed
- Jan 26, 7:00 PM ET
- Accepted
- Jan 27, 3:29 PM ET
- Size
- 14.8 KB