0001209191-20-004970.txt : 20200127
0001209191-20-004970.hdr.sgml : 20200127
20200127152023
ACCESSION NUMBER: 0001209191-20-004970
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200123
FILED AS OF DATE: 20200127
DATE AS OF CHANGE: 20200127
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Bergstein Joseph P Jr
CENTRAL INDEX KEY: 0001661030
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-11459
FILM NUMBER: 20549297
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
2020-01-23
0
0000922224
PPL Corp
PPL
0001661030
Bergstein Joseph P Jr
TWO NORTH NINTH STREET
ALLENTOWN
PA
18101
0
1
0
0
SVP and CFO
Common Stock
2020-01-24
4
M
0
1421.579
36.53
A
8628.466
D
Common Stock
2020-01-24
4
F
0
485
36.53
D
8143.466
D
Common Stock
306.513
I
Held in trust pursuant to the Employee Stock Ownership Plan.
Common Stock
49.187
I
As custodian for children under the Dividend Reinvestment Plan.
Stock Unit (SIP)
2020-01-23
4
A
0
6266
0.00
A
Common Stock
6266
6266
D
Performance Stock Unit (SIP)
2020-01-23
4
A
0
12531
0.00
A
Common Stock
12531
12531
D
Performance Stock Unit (SIP)
2020-01-23
4
A
0
12531
0.00
A
Common Stock
12531
12531
D
Performance Stock Unit (SIP)
2020-01-23
4
J
0
5685.153
0.00
D
Common Stock
5685.153
0
D
Stock Unit (SIP)
0.00
2020-01-24
4
M
0
1421.579
0.00
D
Common Stock
1421.579
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 01/23/2023.
As of 01/27/2020, total restricted stock units beneficially owned is 15,086.831. This total includes the 02/17/2017 grant of 3,689.588 restricted stock units, the 01/25/2018 grant of 1,372 restricted stock units, the 01/24/2019 grant of 1,533 restricted stock units, and the 07/01/2019 grant of 2,226.243 restricted stock units, plus in the case of the 02/17/2017 and 07/01/2019 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 01/23/2020 grant of 6,266 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 12/31/2022. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation Committee in January 2023.
As of 01/27/2020, total performance units beneficially owned is 46,531.616. This total includes the 01/25/2018 grants of 3,055.835 and 3,055.835 performance units, the 01/24/2019 grants of 3,226.485 and 3,226.485 performance units, and the 07/01/2019 grants of 4,452.488 and 4,452.488 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 01/23/2020 grants of 12,531 and 12,531 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 12/31/2022. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation Committee in January 2023.
No conversion or exercise price or exercise or expiration date applies.
Represents 0% payout of performance units granted in 2017 due to Company performance below minimum "total shareowner return" threshold at expiration of three-year performance period.
The units vested on 01/24/2020.
/s/Frederick C. Paine, as Attorney-In-Fact for Joseph P. Bergstein, Jr.
2020-01-27