Thompson Paul W 4/A
4/A · PPL Corp · Filed Feb 7, 2020
Insider Transaction Report
Form 4/AAmended
PPL CorpPPL
Thompson Paul W
President of a PPL Subsidiary
Transactions
- Other
Performance Stock Unit (SIP)
2020-01-23−15,144.88→ 0 total→ Common Stock (15,144.88 underlying)
Footnotes (4)
- [F1]No conversion or exercise price or exercise or expiration date applies.
- [F2]This amended Form 4 restates the number of performance units forfeited on 01/23/2020. On 01/23/2020, only one of two 2017 grants were forfeited due to Company performance below minimum "total shareowner return" threshold at expiration of the applicable three-year performance period. The other 2017 grant, being reinstated by this report, earned a 200% payout based on the Company's return-on-equity over a three-year performance period. The payout of this 2017 award will be reported on or about 02/18/2020 following calculation of underlying shares to be delivered, net of withholding.
- [F3]Total includes the reinvestment of dividends.
- [F4]As of 02/07/2020, total performance units beneficially owned is 77,565.929. This total includes the 01/03/2017 grant of 5,048.293 performance units, 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.