0001209191-21-005010.txt : 20210125
0001209191-21-005010.hdr.sgml : 20210125
20210125073541
ACCESSION NUMBER: 0001209191-21-005010
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20210121
FILED AS OF DATE: 20210125
DATE AS OF CHANGE: 20210125
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Dudkin Gregory N
CENTRAL INDEX KEY: 0001467343
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-11459
FILM NUMBER: 21547966
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
2021-01-21
0
0000922224
PPL Corp
PPL
0001467343
Dudkin Gregory N
TWO NORTH NINTH STREET
ALLENTOWN
PA
18101
0
1
0
0
President of a PPL Subsidiary
Stock Unit (SIP)
2021-01-21
4
A
0
8119
0.00
A
Common Stock
8119
8119
D
Performance Stock Unit (SIP)
2021-01-21
4
A
0
16237
0.00
A
Common Stock
16237
16237
D
Performance Stock Unit (SIP)
2021-01-21
4
A
0
16237
0.00
A
Common Stock
16237
16237
D
Performance Stock Unit (SIP)
2021-01-21
4
J
0
14435.85
0.00
D
Common Stock
14435.85
0
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 01/21/2024.
As of 01/25/2021, total restricted stock units beneficially owned is 29,426.86. This total includes the 01/25/2018 grant of 7,217.925 restricted stock units, the 01/24/2019 grant of 7,738.808 restricted stock units, and the 01/23/2020 grant of 6,351.127 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 01/21/2021 grant of 8,119 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 12/31/2023. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation Committee in January 2024.
As of 01/25/2021, total performance units beneficially owned is 103,267.458. This total includes the 01/25/2018 grant of 14,435.85 performance units, the 01/24/2019 grants of 15,477.614 and 15,477.614 performance units, and the 01/23/2020 grants of 12,701.19 and 12,701.19 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 01/21/2021 grants of 16,237 and 16,237 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 12/31/2023. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation Committee in January 2024.
No conversion or exercise price or exercise or expiration date applies.
The Company did not achieve the threshold percentile ranking in the applicable index to trigger share awards, therefore performance units based on TSR granted in 2018 will be paid out at 0%.
Total includes the reinvestment of dividends.
/s/ W. Eric Marr, as Attorney-In-Fact for Gregory N. Dudkin
2021-01-25
EX-24.4_957357
2
poa.txt
POA DOCUMENT
POWER OF ATTORNEY
Gregory N. Dudkin, the undersigned, who is deemed to be an executive officer of
PPL Corporation (the "Company"), a Pennsylvania corporation, hereby appoints
Joanne H. Raphael, Jennifer L. McDonough, Elizabeth S. Duane and W. Eric Marr,
and each of them, his true and lawful attorneys-in-fact to execute for the
undersigned and file in his name all Securities and Exchange Commission ("SEC")
forms regarding ownership of Company securities as required of the undersigned
under the provisions of the Securities Act of 1933 and the Securities Exchange
Act of 1934, each as amended, and regulations of the SEC. The undersigned
hereby grants to each such attorney full power and authority to do and perform
in the name of and on behalf of the undersigned, and in any and all capacities,
any act and thing whatsoever required or necessary to be done for such purposes,
as fully and to all intents and purposes as the undersigned might do, hereby
ratifying and approving the acts of each such attorney.
This Power of Attorney shall remain in full force and effect until the
undersigned is no longer required to file such SEC forms, unless earlier revoked
by the undersigned in a signed writing delivered to the foregoing
attorneys-in-fact.
IN WITNESS WHEREOF, the undersigned has hereunto set his hand this 25th day of
January, 2021.
/s/ Gregory N. Dudkin
______________________________
Gregory N. Dudkin