Swift Philip 4/A
4/A · PPL Corp · Filed Feb 22, 2021
Insider Transaction Report
Form 4/AAmended
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)
Footnotes (2)
- [F1]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 one-year performance period ending 12/31/2021, but will not vest, if at all, until the end of the three-year 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. This amended Form 4 corrects the performance measurement period for these awards; all other aspects of the awards remain unchanged.
- [F2]As of 02/22/2021, total performance units beneficially owned is 48,630.618. This total includes 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.