0001209191-17-006095.txt : 20170130 0001209191-17-006095.hdr.sgml : 20170130 20170130152512 ACCESSION NUMBER: 0001209191-17-006095 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: Dudkin Gregory N CENTRAL INDEX KEY: 0001467343 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11459 FILM NUMBER: 17556992 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 0001467343 Dudkin Gregory N TWO NORTH NINTH STREET ALLENTOWN PA 18101 0 1 0 0 President of a PPL Subsidiary Common Stock 2017-01-27 4 M 0 9545 34.41 A 26848.209 D Common Stock 2017-01-27 4 F 0 3286 34.41 D 23562.209 D Common Stock 74.068 I Held in trust pursuant to the Employee Stock Ownership Plan. Stock Unit (SIP) 2017-01-26 4 A 0 5497 0.00 A Common Stock 5497 5497 D Performance Stock Unit (SIP) 2017-01-26 4 A 0 16491 0.00 A Common Stock 16491 16491 D Performance Stock Unit (SIP) 2017-01-26 4 A 0 5497 0.00 A Common Stock 5497 5497 D Performance Stock Unit (SIP) 0.00 2017-01-27 4 M 0 9545 0.00 D Common Stock 9545 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 Stock Incentive Plan (SIP). Total includes the reinvestment of dividends. 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, total restricted stock units beneficially owned is 47,397.122. This total includes the 03/01/2011 grant of 16,131 restricted stock units, 01/22/2015 grant of 13,168.535 restricted stock units and the 01/21/2016 grant of 12,600.587 restricted stock units, plus in each case, 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 5,497 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 51,820.098. This total includes the 01/22/2015 grant of 13,262.534 performance units and the 01/21/2016 grant of 16,569.564 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 16,491 and 5,497 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 Stock Incentive Plan (SIP), 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 Gregory N. Dudkin 2017-01-30