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