0001209191-21-005015.txt : 20210125 0001209191-21-005015.hdr.sgml : 20210125 20210125074148 ACCESSION NUMBER: 0001209191-21-005015 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: Thompson Paul W CENTRAL INDEX KEY: 0001693122 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11459 FILM NUMBER: 21547975 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 0001693122 Thompson Paul W TWO NORTH NINTH STREET ALLENTOWN PA 18101 0 1 0 0 CEO of a PPL Subsidiary Stock Unit (SIP) 2021-01-21 4 A 0 7379 0.00 A Common Stock 7379 7379 D Performance Stock Unit (SIP) 2021-01-21 4 A 0 14758 0.00 A Common Stock 14758 14758 D Performance Stock Unit (SIP) 2021-01-21 4 A 0 14758 0.00 A Common Stock 14758 14758 D Performance Stock Unit (SIP) 2021-01-21 4 J 0 13023.133 0.00 D Common Stock 13023.133 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 26,698.688. This total includes the 01/25/2018 grant of 6,511.565 restricted stock units, the 01/24/2019 grant of 7,034.565 restricted stock units, and the 01/23/2020 grant of 5,773.558 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 7,379 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 93,769.497. This total includes the 01/25/2018 grant of 13,023.133 performance units, the 01/24/2019 grants of 14,069.131 and 14,069.131 performance units, and the 01/23/2020 grants of 11,546.051 and 11,546.051 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 14,758 and 14,758 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 Paul W. Thompson 2021-01-25 EX-24.4_957362 2 poa.txt POA DOCUMENT POWER OF ATTORNEY Paul W. Thompson, 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/ Paul W. Thompson _____________________________ Paul W. Thompson