Raymond Stephanie R 4

4 · PPL Corp · Filed Feb 22, 2023

Form 4

Period: 2023-02-17

President of a PPL Subsidiary

Transactions

Exercise/Conversion
Common Stock
2023-02-17$28.81/sh+4,608$132,756→ 28,446 total
Tax Payment
Common Stock
2023-02-17$28.81/sh−1,756$50,590→ 26,690 total
Exercise/Conversion
Stock Unit (ICPKE)
2023-02-17−4,608→ 0 total
Exercise: $0.00→ Common Stock (4,608 underlying)

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 Incentive Compensation Plan for Key Employees (ICPKE).
[F2]Total includes the reinvestment of dividends.
[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 (172.5% or an additional 1,937.193 units) based on the Company's return on equity over a three-year performance period ending 12/31/2022. Determination of the percentage of the award earned was made by the Compensation Committee on 01/20/2023 and calculation of the underlying shares to be delivered, net of withholding, was completed on 02/17/2023.
[F4]As of 02/22/2023, total performance units beneficially owned is 59,195.851. This total includes the 01/21/2021 grants of 3,414.247 and 3,414.247 performance units, the 04/12/2021 grants of 5,478.815 and 5,478.815 performance units, and the three 01/27/2022 grants of (a) 10,196.349, (b) 5,098.689, and (c) 5,098.689 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 three 01/20/2023 grants of (a) 10,508, (b) 5,254, and (c) 5,254 performance units.

Documents

1 file