0001209191-20-009973.txt : 20200218
0001209191-20-009973.hdr.sgml : 20200218
20200218152711
ACCESSION NUMBER: 0001209191-20-009973
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200214
FILED AS OF DATE: 20200218
DATE AS OF CHANGE: 20200218
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Beers Marlene C
CENTRAL INDEX KEY: 0001769609
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-11459
FILM NUMBER: 20624980
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
2020-02-14
0
0000922224
PPL Corp
PPL
0001769609
Beers Marlene C
TWO NORTH NINTH STREET
ALLENTOWN
PA
18101
0
1
0
0
Vice President and Controller
Common Stock
2020-02-14
4
M
0
1870
35.37
A
8894
D
Common Stock
2020-02-14
4
F
0
629
35.37
D
8265
D
Common Stock
2020-02-14
4
M
0
2231
35.37
A
10496
D
Common Stock
2020-02-14
4
F
0
628
35.37
D
9868
D
Common Stock
1500
I
Has investment power over shares owned by family member.
Performance Stock Unit (ICPKE)
2020-02-14
4
A
0
935.088
0.00
A
Common Stock
935.088
1870
D
Performance Stock Unit (ICPKE)
0.00
2020-02-14
4
M
0
1870
0.00
D
Common Stock
1870
0
D
Stock Unit (ICPKE)
0.00
2020-02-14
4
M
0
2231
0.00
D
Common Stock
2231
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 or exercise or expiration date applies. Under the terms of the Incentive Compensation Plan for Key Employees (ICPKE), the underlying securities were earned (200%) based on the Company's return on equity over a three-year performance period ending 12/31/2019. Determination of the percentage of the award earned was made by the Compensation Committee on 01/23/2020 and calculation of the underlying shares to be delivered, net of withholding, was completed on 02/14/2020.
As of 02/18/2020, total performance units beneficially owned is 13,515.098. This total includes the 01/25/2018 grants of 1,962.955 and 1,962.955 performance units, the 01/24/2019 grants of 2,444.594 and 2,444.594 performance units, and the 01/23/2020 grants of 2,350 and 2,350 performance units, plus in the case of the 01/25/2018 and 01/24/2019 grants, 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.
Total includes the reinvestment of dividends.
The units vested on 02/14/2020.
As of 02/18/2020, total restricted stock units beneficially owned is 3,278.823. This total includes the 01/25/2018 grant of 881 restricted stock units, the 01/24/2019 grant of 1,222.823 restricted stock units, and the 01/23/2020 grant of 1,175 restricted stock units, plus in the case of the 01/24/2019 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.
/s/Frederick C. Paine, as Attorney-In-Fact for Marlene C. Beers
2020-02-18