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