Raphael Joanne H 4

4 · PPL Corp · Filed Feb 22, 2021

Form 4

Period: 2021-02-18

SVP, GC & Corp Sec

Transactions

Exercise/Conversion
Performance Stock Unit (SIP)
2021-02-18−27,018→ 0 total
Exercise: $0.00→ Common Stock (27,018 underlying)
Exercise/Conversion
Common Stock
2021-02-18$27.77/sh+27,018$750,290→ 73,576.596 total
Tax Payment
Common Stock
2021-02-18$27.77/sh−7,830$217,439→ 65,746.596 total

Holdings

Footnotes (4)

[F1]Shares withheld by the company at the request of the executive officer to pay taxes due following expiration of the applicable restriction period, under the terms of the Stock Incentive Plan (SIP).
[F2]Total includes the reinvestment of dividends.
[F3]No conversion or exercise price or exercise or expiration date applies. Under the terms of the Stock Incentive Plan (SIP), the underlying securities were earned (200%) based on the Company's return on equity over a three-year performance period ending 12/31/2020. Determination of the percentage of the award earned was made by the Compensation Committee on 01/21/2021 and calculation of the underlying shares to be delivered, net of withholding, was completed on 02/18/2021.
[F4]As of 02/22/2021, total performance units beneficially owned is 88,762.822. This total includes the 01/24/2019 grants of 14,743.095 and 14,743.095 performance units, the 06/14/2019 grants of 700.126 and 700.126 performance units, and the 01/23/2020 grants of 12,701.19 and 12,701.19 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 16,237 and 16,237 performance units.

Documents

1 file