0001209191-18-005808.txt : 20180129
0001209191-18-005808.hdr.sgml : 20180129
20180129153503
ACCESSION NUMBER: 0001209191-18-005808
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180125
FILED AS OF DATE: 20180129
DATE AS OF CHANGE: 20180129
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: 18555312
MAIL ADDRESS:
STREET 1: TWO NORTH NINTH STREET
CITY: ALLENTOWN
STATE: PA
ZIP: 18101
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
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2018-01-25
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
2018-01-26
4
M
0
2094
32.27
A
18893
D
Common Stock
2018-01-26
4
F
0
607
32.27
D
18286
D
Common Stock
2018-01-26
4
M
0
1011
32.27
A
19297
D
Common Stock
2018-01-26
4
F
0
293
32.27
D
19004
D
Common Stock
1494.14
I
Held in trust pursuant to the Employee Stock Ownership Plan.
Stock Unit (SIP)
2018-01-25
4
A
0
5690
0.00
A
Common Stock
5690
5690
D
Performance Stock Unit (SIP)
2018-01-25
4
A
0
11379
0.00
A
Common Stock
11379
11379
D
Performance Stock Unit (SIP)
2018-01-25
4
A
0
11379
0.00
A
Common Stock
11379
11379
D
Performance Stock Unit (ICPKE)
0.00
2018-01-26
4
M
0
2094
0.00
D
Common Stock
2094
0
D
Performance Stock Unit (ICPKE)
0.00
2018-01-26
4
M
0
1011
0.00
D
Common Stock
1011
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 01/25/2021.
As of 01/29/2018, total restricted stock units beneficially owned is 35,112.929. This total includes the 01/21/2016 grant of 11,855.073 restricted stock units, the 01/26/2017 grant of 4,755.13 restricted stock units, and the 02/17/2017 grant of 12,812.726 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 01/25/2018 grant of 5,690 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 12/31/2020. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation, Governance and Nominating Committee in January 2021.
As of 01/29/2018, total performance units beneficially owned is 56,270.599. This total includes the 01/21/2016 grant of 14,492.076 performance units, and the 01/26/2017 grants of 14,265.393 and 4,755.13 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 01/25/2018 grants of 11,379 and 11,379 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, 2020. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation, Governance and Nominating Committee in January 2021.
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 (25%) based on the Company's performance relative to an industry peer group over a three-year performance period ending 12/31/2017. Determination of the percentage of the award earned was made by the Compensation, Governance and Nominating Committee on 01/25/2018 and calculation of the underlying shares to be delivered, net of withholding, was completed on 01/26/2018.
/s/Frederick C. Paine, as Attorney-In-Fact for Joanne H. Raphael
2018-01-29