4//SEC Filing
Thompson Paul W 4
Accession 0001209191-21-005015
CIK 0000922224other
Filed
Jan 24, 7:00 PM ET
Accepted
Jan 25, 7:41 AM ET
Size
16.4 KB
Accession
0001209191-21-005015
Insider Transaction Report
Form 4
PPL CorpPPL
Thompson Paul W
President of a PPL Subsidiary
Transactions
- Other
Performance Stock Unit (SIP)
2021-01-21−13,023.133→ 0 total→ Common Stock (13,023.133 underlying) - Award
Stock Unit (SIP)
2021-01-21+7,379→ 7,379 total→ Common Stock (7,379 underlying) - Award
Performance Stock Unit (SIP)
2021-01-21+14,758→ 14,758 total→ Common Stock (14,758 underlying) - Award
Performance Stock Unit (SIP)
2021-01-21+14,758→ 14,758 total→ Common Stock (14,758 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 26,698.688. This total includes the 01/25/2018 grant of 6,511.565 restricted stock units, the 01/24/2019 grant of 7,034.565 restricted stock units, and the 01/23/2020 grant of 5,773.558 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 01/21/2021 grant of 7,379 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 93,769.497. This total includes the 01/25/2018 grant of 13,023.133 performance units, the 01/24/2019 grants of 14,069.131 and 14,069.131 performance units, and the 01/23/2020 grants of 11,546.051 and 11,546.051 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 14,758 and 14,758 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 0001693122
Filing Metadata
- Form type
- 4
- Filed
- Jan 24, 7:00 PM ET
- Accepted
- Jan 25, 7:41 AM ET
- Size
- 16.4 KB