4//SEC Filing
SPENCE WILLIAM H 4
Accession 0001209191-21-012746
CIK 0000922224other
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 4:45 PM ET
Size
14.2 KB
Accession
0001209191-21-012746
Insider Transaction Report
Form 4
PPL CorpPPL
SPENCE WILLIAM H
Executive VP and COO
Transactions
- Exercise/Conversion
Common Stock
2021-02-18$27.77/sh+156,886$4,356,724→ 187,863.25 total - Tax Payment
Common Stock
2021-02-18$27.77/sh−63,506$1,763,562→ 124,357.25 total - Exercise/Conversion
Performance Stock Unit (SIP)
2021-02-18−156,886→ 0 totalExercise: $0.00→ Common Stock (156,886 underlying) - Other
Performance Stock Unit (SIP)
2021-01-21−78,442.702→ 0 totalExercise: $0.00→ Common Stock (78,442.702 underlying)
Holdings
- 12,824(indirect: By Trust)
Common Stock
- 153.679(indirect: By Trust)
Common Stock
Footnotes (6)
- [F1]Total includes the reinvestment of dividends.
- [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]The Company did not achieve the threshold percentile ranking in the applicable index to trigger share awards, therefore performance units based on TSR granted in 2018 will be paid out at 0%.
- [F4]No conversion or exercise price or exercise or expiration date applies.
- [F5]As of 02/22/2021, total performance units beneficially owned is 219,115.021. This total includes the 01/24/2019 grants of 77,684.123 and 77,684.123 performance units and the 01/23/2020 grant of 63,746.755 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. Mr. Spence forfeited 61,869.811 performance units in connection with his retirement pursuant to the terms of the Stock Incentive Plan.
- [F6]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 0001181274
Filing Metadata
- Form type
- 4
- Filed
- Feb 21, 7:00 PM ET
- Accepted
- Feb 22, 4:45 PM ET
- Size
- 14.2 KB