0001209191-21-012737.txt : 20210222
0001209191-21-012737.hdr.sgml : 20210222
20210222164237
ACCESSION NUMBER: 0001209191-21-012737
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210218
FILED AS OF DATE: 20210222
DATE AS OF CHANGE: 20210222
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Sorgi Vincent
CENTRAL INDEX KEY: 0001488215
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-11459
FILM NUMBER: 21660949
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
2021-02-18
0
0000922224
PPL Corp
PPL
0001488215
Sorgi Vincent
TWO NORTH NINTH STREET
ALLENTOWN
PA
18101
0
1
0
0
President and CEO
Common Stock
2021-02-18
4
M
0
35613
27.77
A
86862.57
D
Common Stock
2021-02-18
4
F
0
12176
27.77
D
74686.57
D
Common Stock
147.371
I
Held in trust pursuant to the Employee Stock Ownership Plan.
Performance Stock Unit (SIP)
0.00
2021-02-18
4
M
0
35613
0.00
D
Common Stock
35613
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 or exercise or expiration date applies. Under the terms of the Stock Incentive Plan (SIP), the underlying securities were earned (200%) based on the Company's return on equity over a three-year performance period ending 12/31/2020. Determination of the percentage of the award earned was made by the Compensation Committee on 01/21/2021 and calculation of the underlying shares to be delivered, net of withholding, was completed on 02/18/2021.
As of 02/22/2021, total performance units beneficially owned is 272,298.892. This total includes the 01/24/2019 grants of 19,236.56 and 19,236.56 performance units, the 07/01/2019 grants of 2,322.1 and 2,322.1 performance units, the 01/23/2020 grants of 19,673.575 and 19,673.575 performance units, and the 06/01/2020 grants of 25,533.211 and 25,533.211 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 69,384 and 69,384 performance units.
/s/ W. Eric Marr, as Attorney-In-Fact for Vincent Sorgi
2021-02-22