0001209191-18-005818.txt : 20180129 0001209191-18-005818.hdr.sgml : 20180129 20180129154450 ACCESSION NUMBER: 0001209191-18-005818 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: Thompson Paul W CENTRAL INDEX KEY: 0001693122 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11459 FILM NUMBER: 18555394 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 0001693122 Thompson Paul W TWO NORTH NINTH STREET ALLENTOWN PA 18101 0 1 0 0 President of a PPL Subsidiary Common Stock 2018-01-26 4 M 0 2493 32.27 A 12804 D Common Stock 2018-01-26 4 F 0 812 32.27 D 11992 D Stock Unit (SIP) 2018-01-25 4 A 0 5485 0.00 A Common Stock 5485 5485 D Performance Stock Unit (SIP) 2018-01-25 4 A 0 10970 0.00 A Common Stock 10970 10970 D Performance Stock Unit (SIP) 2018-01-25 4 A 0 10970 0.00 A Common Stock 10970 10970 D Performance Stock Unit (ICPKE) 0.00 2018-01-26 4 M 0 2493 0.00 D Common Stock 2493 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). 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, the total restricted stock units beneficially owned is 27,128.965. This total includes the 01/21/2016 grant of 8,478 restricted stock units, the 01/03/2017 grant of 4,531.483 restricted stock units, and the 02/17/2017 grant of 8,634.482 restricted stock units, plus in the case of the 01/03/2017 and 02/17/2017 grants, 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 5,485 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 49,856.313. This total includes the 01/21/2016 grant of 9,790.382 performance units and the 01/03/2017 grants of 13,594.448 and 4,531.483 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 10,970 and 10,970 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. Total includes the reinvestment of dividends. 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 Paul W. Thompson. 2018-01-29