0001209191-15-007010.txt : 20150128
0001209191-15-007010.hdr.sgml : 20150128
20150128154123
ACCESSION NUMBER: 0001209191-15-007010
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150126
FILED AS OF DATE: 20150128
DATE AS OF CHANGE: 20150128
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: PPL Corp
CENTRAL INDEX KEY: 0000922224
STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911]
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
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Staffieri Victor A
CENTRAL INDEX KEY: 0001504298
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-11459
FILM NUMBER: 15554773
MAIL ADDRESS:
STREET 1: TWO NORTH NINTH STREET
CITY: ALLENTOWN
STATE: PA
ZIP: 18101
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2015-01-26
0
0000922224
PPL Corp
PPL
0001504298
Staffieri Victor A
TWO NORTH NINTH STREET
ALLENTOWN
PA
18101
0
1
0
0
President of a PPL Subsidiary
Common Stock
2015-01-26
4
M
0
36790
35.71
A
36790
D
Common Stock
2015-01-26
4
F
0
14461
35.71
D
22329
D
Common Stock
2015-01-26
4
M
0
73360
29.51
A
95689
D
Common Stock
2015-01-26
4
M
0
45350
28.20
A
141039
D
Common Stock
2015-01-26
4
S
0
118710
35.514
D
22329
D
Common Stock
2015-01-27
4
S
0
22329
35.721
D
0
D
Common Stock
2015-01-27
4
M
0
13921
35.70
A
13921
D
Common Stock
2015-01-27
4
F
0
6982
35.70
D
6939
D
Stock Unit (ICP)
0.00
2015-01-26
4
M
0
36790
0.00
D
Common Stock
36790
0
D
Employee Stock Options (Right to Buy)
29.51
2015-01-26
4
M
0
73360
0.00
D
2023-01-23
Common Stock
73360
73360
D
Employee Stock Options (Right to Buy)
28.20
2015-01-26
4
M
0
45350
0.00
D
2022-01-25
Common Stock
45350
0
D
Performance Stock Unit (ICP)
0.00
2015-01-27
4
M
0
13921
0.00
D
Common Stock
13921
0
D
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 (ICP).
Represents the exercise of 118,710 stock options and sale of underlying shares pursuant to a 10b5-1 plan, dated February 25, 2014.
Represents the weighted average sales price for price increments ranging from $35.330 to $35.645.
The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.
Represents the sale of 22,329 shares of common stock pursuant to a 10b5-1 plan, dated February 25, 2014.
Represents the weighted average sales price for price increments ranging from $35.510 to $35.855.
The units vested on 01/26/2015.
Represents the exercise of 73,360 stock options from a total grant of 220,080 stock options. 73,360 stock options from this grant were exercised on April 14, 2014. The remaining 73,360 stock options vest on January 24, 2016.
Represents the exercise of 45,350 stock options from a total grant of 136,050 stock options. The total grant of options vested in three installments on January 26, 2013, January 26, 2014 and January 26, 2015.
No conversion or exercise price or exercise or expiration date applies. Under the terms of the Incentive Compensation Plan (ICP), the underlying securities were earned (60%) based on the Company's performance relative to an industry peer group over a three-year performance period ending 12/31/2014. Determination of the percentage of the award earned was made by the Compensation, Governance and Nominating Committee on 01/22/2015 and calculation of the underlying shares to be delivered, net of withholding, was completed on 01/27/2015.
/s/Frederick C. Paine, as Attorney-In-Fact for Victor A. Staffieri
2015-01-28