4//SEC Filing
Swift Philip 4
Accession 0001209191-21-012739
CIK 0000922224other
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 4:43 PM ET
Size
15.8 KB
Accession
0001209191-21-012739
Insider Transaction Report
Form 4
PPL CorpPPL
Swift Philip
Chief Exec of a PPL Subsidiary
Transactions
- Exercise/Conversion
Common Stock
2021-02-18$27.77/sh+8,102$224,993→ 12,821 total - Tax Payment
Common Stock
2021-02-18$27.77/sh−3,808$105,748→ 9,013 total - Tax Payment
Common Stock
2021-02-18$27.77/sh−345$9,581→ 9,402 total - Exercise/Conversion
Performance Stock Unit (ICPKE)
2021-02-18−8,102→ 0 totalExercise: $0.00→ Common Stock (8,102 underlying) - Exercise/Conversion
Common Stock
2021-02-18$27.77/sh+734$20,383→ 9,747 total - Exercise/Conversion
Performance Stock Unit (SIP)
2021-02-18−734→ 0 totalExercise: $0.00→ Common Stock (734 underlying)
Footnotes (5)
- [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 Incentive Compensation Plan for Key Employees (ICPKE).
- [F2]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).
- [F3]No conversion or exercise price or exercise or expiration date applies. Under the terms of the Incentive Compensation Plan for Key Employees (ICPKE), 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 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.
- [F5]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.
Documents
Issuer
PPL Corp
CIK 0000922224
Entity typeother
Related Parties
1- filerCIK 0001758615
Filing Metadata
- Form type
- 4
- Filed
- Feb 21, 7:00 PM ET
- Accepted
- Feb 22, 4:43 PM ET
- Size
- 15.8 KB