Thompson Paul W 4
4 · PPL Corp · Filed Feb 22, 2021
Insider Transaction Report
Form 4
PPL CorpPPL
Thompson Paul W
President of a PPL Subsidiary
Transactions
- Exercise/Conversion
Common Stock
2021-02-18$27.77/sh+26,047$723,325→ 47,097.094 total - Exercise/Conversion
Performance Stock Unit (SIP)
2021-02-18−26,047→ 0 totalExercise: $0.00→ Common Stock (26,047 underlying) - Tax Payment
Common Stock
2021-02-18$27.77/sh−8,218$228,214→ 38,879.094 total
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 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.