0000950170-24-053589.txt : 20240506
0000950170-24-053589.hdr.sgml : 20240506
20240506162731
ACCESSION NUMBER: 0000950170-24-053589
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240502
FILED AS OF DATE: 20240506
DATE AS OF CHANGE: 20240506
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Cornett John Gregory
CENTRAL INDEX KEY: 0002013670
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-11459
FILM NUMBER: 24917938
MAIL ADDRESS:
STREET 1: TWO NORTH NINTH STREET
CITY: ALLENTOWN
STATE: PA
ZIP: 18101
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: PPL Corp
CENTRAL INDEX KEY: 0000922224
STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911]
ORGANIZATION NAME: 01 Energy & Transportation
IRS NUMBER: 232758192
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: TWO N NINTH ST
CITY: ALLENTOWN
STATE: PA
ZIP: 18101-1179
BUSINESS PHONE: 610-774-5151
MAIL ADDRESS:
STREET 1: TWO N NINTH ST
CITY: ALLENTOWN
STATE: PA
ZIP: 18101-1179
FORMER COMPANY:
FORMER CONFORMED NAME: PPL CORP
DATE OF NAME CHANGE: 20000214
FORMER COMPANY:
FORMER CONFORMED NAME: PP&L RESOURCES INC
DATE OF NAME CHANGE: 19941123
4
1
ownership.xml
4
X0508
4
2024-05-02
0000922224
PPL Corp
PPL
0002013670
Cornett John Gregory
TWO NORTH NINTH STREET
ALLENTOWN
PA
18101
false
true
false
false
President of a PPL Subsidiary
false
Stock Unit (SIP)
2024-05-02
4
A
false
142
0.00
A
Common Stock
142
0
D
Performance Unit (SIP)
2024-05-02
4
A
false
284
0.00
A
Common Stock
284
0
D
Performance Unit (SIP)
2024-05-02
4
A
false
142
0.0
A
Common Stock
142
0
D
Performance Unit (SIP)
2024-05-02
4
A
false
142
0.00
A
Common Stock
142
0
D
No conversion or exercise price applies. Under the terms of the Stock Incentive Plan (SIP), a restricted stock unit converts to a share of common stock on the applicable vesting date.
The units will vest on 05/02/2027.
As of 05/06/2024, total restricted stock units beneficially owned is 4,749.648. This total includes the 01/27/2022 grant of 1,166 restricted stock units, the 01/20/2023 grant of 1,237 restricted stock units, the 01/25/2024 grant of 1,488 restricted stock units, and the 03/04/2024 grant of 716.648 restricted stock units, which in the case of the 03/04/2024 grant, includes the incremental addition of restricted stock units credited to the original grant in amounts equal to dividend equivalents deemed earned on shares underlying such restricted stock units, plus the 05/02/2024 grant of 142 restricted stock units.
No conversion or exercise price or exercise or expiration date applies. Under the terms of the Stock Incentive Plan (SIP), all, some or none of the underlying securities will be earned depending on the Company's performance relative to an industry peer group over a three-year performance period ending 12/31/2026. Determination of number of underlying securities that have been earned, if any, will be made by the People and Compensation Committee in January 2027.
As of 05/06/2024, total performance units beneficially owned is 19,661.723. This total includes the three 01/27/2022 grants of (a) 2,518.66, (b) 1,259.872, and (c) 1,259.872 performance units, the three 01/20/2023 grants of (a) 2,589.975, (b) 1,295.51, and (c) 1,295.51 performance units, the 01/25/2024 grants of (a) 3,003.866, (b) 1,501.933, (c) 1,501.933 performance units, and the 03/04/2024 grants of (a) 1,433.296, (b) 716.648, and (c) 716.648 performance units, which includes 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, plus the three 05/02/2024 grants of (a) 284, (b) 142, and (c) 142 performance units.
No conversion or exercise price or exercise or expiration date applies. Under the terms of the Stock Incentive Plan (SIP), all, some or none of the underlying securities will be earned depending on the Company's earnings growth over a three-year performance period ending 12/31/2026. Determination of number of underlying securities that have been earned, if any, will be made by the People and Compensation Committee in January 2027.
No conversion or exercise price or exercise or expiration date applies. Under the terms of the Stock Incentive Plan (SIP), all, some or none of the underlying securities will be earned depending on the Company's achievement of certain ESG-related metrics over a three-year performance period ending 12/31/2026. Determination of number of underlying securities that have been earned, if any, will be made by the People and Compensation Committee in January 2027.
/s/ W. Eric Marr, as Attorney-In-Fact for John Gregory Cornett
2024-05-06