Thompson Paul W 4/A
4/A · PPL Corp · Filed Feb 22, 2021
Insider Transaction Report
Form 4/AAmended
PPL CorpPPL
Thompson Paul W
President of a PPL Subsidiary
Transactions
- Award
Performance Stock Unit (SIP)
2021-01-21+14,758→ 14,758 total→ Common Stock (14,758 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 80,746.364. This total includes 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.