0001209191-16-093557.txt : 20160126
0001209191-16-093557.hdr.sgml : 20160126
20160126134826
ACCESSION NUMBER: 0001209191-16-093557
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160122
FILED AS OF DATE: 20160126
DATE AS OF CHANGE: 20160126
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: SPENCE WILLIAM H
CENTRAL INDEX KEY: 0001181274
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-11459
FILM NUMBER: 161360891
MAIL ADDRESS:
STREET 1: UNIVERSITY OFFICE PLAZA
STREET 2: 252 CHAPMAN RD., PO BOX 6066
CITY: NEWARK
STATE: DE
ZIP: 19714-0066
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2016-01-22
0
0000922224
PPL Corp
PPL
0001181274
SPENCE WILLIAM H
TWO NORTH NINTH STREET
ALLENTOWN
PA
18101
0
1
0
0
Chairman, President and CEO
Common Stock
2016-01-22
4
M
0
112052.139
34.01
A
172417.826
D
Common Stock
2016-01-22
4
F
0
47754
34.01
D
124663.826
D
Common Stock
2016-01-25
4
S
0
64298
33.994
D
60365.826
D
Common Stock
2016-01-25
4
M
0
107883
33.23
A
168248.826
D
Common Stock
2016-01-25
4
F
0
50080
33.23
D
118168.826
D
Common Stock
118.779
I
Held in trust pursuant to the Employee Stock Ownership Plan.
Common Stock
12824
I
Held in trust for benefit of Mr. Spence's wife.
Stock Unit (SIP)
0.00
2016-01-22
4
M
0
112052.139
0.00
D
Common Stock
112052.139
0
D
Performance Stock Unit (SIP)
0.00
2016-01-25
4
M
0
107883
0.00
D
Common Stock
107883
0
D
Total includes the reinvestment of dividends.
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).
Represents the sale of 64,298 shares of common stock pursuant to a 10b5-1 plan, dated November 6, 2015.
Represents the weighted average sales price for price increments ranging from $33.711 to $34.165.
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.
The contractual vesting of these units was to occur on 01/24/2016, but because that occurred on a weekend, the actual vesting occurred on 01/25/2016, valued as of the close of market on 01/22/2016.
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 (142.86%) based on the Company's performance relative to an industry peer group over a three-year performance period ending 12/31/2015. Determination of the percentage of the award earned was made by the Compensation, Governance and Nominating Committee on 01/21/2016 and calculation of the underlying shares to be delivered, net of withholding, was completed on 01/25/2016.
/s/Frederick C. Paine, as Attorney-In-Fact for William H. Spence
2016-01-26