0001209191-17-006096.txt : 20170130 0001209191-17-006096.hdr.sgml : 20170130 20170130152923 ACCESSION NUMBER: 0001209191-17-006096 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: Raphael Joanne H CENTRAL INDEX KEY: 0001656784 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11459 FILM NUMBER: 17557021 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 0001656784 Raphael Joanne H TWO NORTH NINTH STREET ALLENTOWN PA 18101 0 1 0 0 SVP, GC & Corp Sec Common Stock 2017-01-27 4 M 0 5956 34.41 A 22755 D Common Stock 2017-01-27 4 F 0 1921 34.41 D 20834 D Common Stock 1429.967 I Held in trust pursuant to the Employee Stock Ownership Plan. Stock Unit (SIP) 2017-01-26 4 A 0 4550 0.00 A Common Stock 4550 4550 D Performance Stock Unit (SIP) 2017-01-26 4 A 0 13650 0.00 A Common Stock 13650 13650 D Performance Stock Unit (SIP) 2017-01-26 4 A 0 4550 0.00 A Common Stock 4550 4550 D Performance Stock Unit (ICPKE) 0.00 2017-01-27 4 M 0 5956 0.00 D Common Stock 5956 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 for Key Employees (ICPKE). 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 23,174.659. This total includes the 01/22/2015 grant of 7,281 restricted stock units and the 01/21/2016 grant of 11,343.659 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 4,550 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 43,946.462. This total includes the 01/22/2015 grant of 8,011.544 performance units, 06/01/2015 grant of 3,868.014 performance units and the 01/21/2016 grant of 13,866.904 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 13,650 and 4,550 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 Joanne H. Raphael 2017-01-30