4//SEC Filing
Swift Philip 4
Accession 0001209191-21-005014
CIK 0000922224other
Filed
Jan 24, 7:00 PM ET
Accepted
Jan 25, 7:40 AM ET
Size
16.7 KB
Accession
0001209191-21-005014
Insider Transaction Report
Form 4
PPL CorpPPL
Swift Philip
Chief Exec of a PPL Subsidiary
Transactions
- Award
Performance Stock Unit (SIP)
2021-01-21+10,475→ 10,475 total→ Common Stock (10,475 underlying) - Award
Stock Unit (SIP)
2021-01-21+5,238→ 5,238 total→ Common Stock (5,238 underlying) - Award
Performance Stock Unit (SIP)
2021-01-21+10,475→ 10,475 total→ Common Stock (10,475 underlying) - Other
Performance Stock Unit (SIP)
2021-01-21−4,417.286→ 0 total→ Common Stock (4,417.286 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 01/21/2024.
- [F3]As of 01/25/2021, total restricted stock units beneficially owned is 14,049.677. This total includes the 01/25/2018 grant of 1,706 restricted stock units, the 12/20/2018 grant of 183.91 restricted stock units, the 01/24/2019 grant of 3,046.855 restricted stock units, the 12/09/2019 grant of 673.773 restricted stock units, the 01/23/2020 grant of 3,201.139 restricted stock units, plus in the case of the 12/20/2018, 01/24/2019, 12/09/2019, and 01/23/2020 grants, 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 01/21/2021 grant of 5,238 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 12/31/2023. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation Committee in January 2024.
- [F5]As of 01/25/2021, total performance units beneficially owned is 53,047.904. This total includes the 01/25/2018 grant of 4,050.587 performance units, the 12/20/2018 grant of 366.699 performance units, the 01/24/2019 grants of 6,093.709 and 6,093.709 performance units, the 12/09/2019 grants of 1,345.389 and 1,345.389 performance units, and the 01/23/2020 grants of 6,401.211 and 6,401.211 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 01/21/2021 grants of 10,475 and 10,475 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 12/31/2023. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation Committee in January 2024.
- [F7]No conversion or exercise price or exercise or expiration date applies.
- [F8]The Company did not achieve the threshold percentile ranking in the applicable index to trigger share awards, therefore performance units based on TSR granted in 2018 will be paid out at 0%.
- [F9]Total includes the reinvestment of dividends.
Issuer
PPL Corp
CIK 0000922224
Entity typeother
Related Parties
1- filerCIK 0001758615
Filing Metadata
- Form type
- 4
- Filed
- Jan 24, 7:00 PM ET
- Accepted
- Jan 25, 7:40 AM ET
- Size
- 16.7 KB