0001209191-17-006091.txt : 20170130
0001209191-17-006091.hdr.sgml : 20170130
20170130150159
ACCESSION NUMBER: 0001209191-17-006091
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170126
FILED AS OF DATE: 20170130
DATE AS OF CHANGE: 20170130
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: Bergstein Joseph P Jr
CENTRAL INDEX KEY: 0001661030
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-11459
FILM NUMBER: 17556901
MAIL ADDRESS:
STREET 1: TWO NORTH NINTH STREET
CITY: ALLENTOWN
STATE: PA
ZIP: 18101
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2017-01-26
0
0000922224
PPL Corp
PPL
0001661030
Bergstein Joseph P Jr
TWO NORTH NINTH STREET
ALLENTOWN
PA
18101
0
1
0
0
VP-IR and Treasurer
Common Stock
2017-01-27
4
M
0
1932
34.41
A
4861
D
Common Stock
2017-01-27
4
F
0
718
34.41
D
4143
D
Common Stock
263.338
I
Held in trust pursuant to the Employee Stock Ownership Plan.
Common Stock
42.42
I
As custodian for children under the Dividend Reinvestment Plan.
Stock Unit (SIP)
2017-01-26
4
A
0
1221
0.00
A
Common Stock
1221
1221
D
Performance Stock Unit (SIP)
2017-01-26
4
A
0
3662
0.00
A
Common Stock
3662
3662
D
Performance Stock Unit (SIP)
2017-01-26
4
A
0
1221
0.00
A
Common Stock
1221
1221
D
Performance Stock Unit (ICPKE)
0.00
2017-01-27
4
M
0
1932
0.00
D
Common Stock
1932
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 Incentive Compensation Plan for Key Employees (ICPKE).
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 01/26/2020.
As of 01/30/2017, the total restricted stock units beneficially owned is 9,061.194. This total includes the 03/01/2014 grant of 2,796 restricted stock units, 03/01/2015 grant of 2,377 restricted stock units and the 01/21/2016 grant of 2,667.194 restricted stock units, plus in the case of the 01/21/2016 grant, 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, and the 01/26/2017 grant of 1,221 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 12/31/2019. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation, Governance and Nominating Committee in January 2020.
As of 01/30/2017, total performance units beneficially owned is 10,787.388. This total includes the 03/01/2015 grant of 2,608.208 performance units and the 01/21/2016 grant of 3,296.18 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 01/26/2017 grants of 3,662 and 1,221 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 return on equity over a three-year performance period ending December 31, 2019. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation, Governance and Nominating Committee in January 2020.
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 (62%) based on the Company's performance relative to an industry peer group over a three-year performance period ending 12/31/2016. Determination of the percentage of the award earned was made by the Compensation, Governance and Nominating Committee on 01/26/2017 and calculation of the underlying shares to be delivered, net of withholding, was completed on 01/27/2017.
/s/Frederick C. Paine, as Attorney-In-Fact for Joseph P. Bergstein, Jr.
2017-01-30