0001209191-19-040069.txt : 20190702
0001209191-19-040069.hdr.sgml : 20190702
20190702135818
ACCESSION NUMBER: 0001209191-19-040069
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190701
FILED AS OF DATE: 20190702
DATE AS OF CHANGE: 20190702
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Sorgi Vincent
CENTRAL INDEX KEY: 0001488215
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-11459
FILM NUMBER: 19936451
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
2019-07-01
0
0000922224
PPL Corp
PPL
0001488215
Sorgi Vincent
TWO NORTH NINTH STREET
ALLENTOWN
PA
18101
0
1
0
0
President and COO
Stock Unit (SIP)
2019-07-01
4
A
0
1063
0.00
A
Common Stock
1063
1063
D
Performance Stock Unit (SIP)
2019-07-01
4
A
0
2126
0.00
A
Common Stock
2126
2126
D
Performance Stock Unit (SIP)
2019-07-01
4
A
0
2126
0.00
A
Common Stock
2126
2126
D
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 07/01/2022.
As of 07/02/2019, total restricted stock units beneficially owned is 44,582.837. This total includes the 01/26/2017 grant of 7,280.022 restricted stock units, the 02/17/2017 grant of 19,282.005 restricted stock units, the 01/25/2018 grant of 8,151.784 restricted stock units, and the 01/24/2019 grant of 8,806.026 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 07/01/2019 grant of 1,063 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 12/31/2021. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation, Governance and Nominating Committee in January 2022.
As of 07/02/2019, total performance units beneficially owned is 101,198.887. This total includes the 01/26/2017 grants of 21,837.797 and 7,280.022 performance units, the 01/25/2018 grants of 16,302.481 and 16,302.481 performance units, and the 01/24/2019 grants of 17,612.053 and 17,612.053 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 07/01/2019 grants of 2,126 and 2,126 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 12/31/2021. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation, Governance and Nominating Committee in January 2022.
/s/Frederick C. Paine, as attorney-in-fact for Vincent Sorgi
2019-07-02