0001209191-21-026643.txt : 20210414 0001209191-21-026643.hdr.sgml : 20210414 20210414161158 ACCESSION NUMBER: 0001209191-21-026643 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210412 FILED AS OF DATE: 20210414 DATE AS OF CHANGE: 20210414 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: 21825834 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 2021-04-12 0 0000922224 PPL Corp PPL 0001467343 Dudkin Gregory N TWO NORTH NINTH STREET ALLENTOWN PA 18101 0 1 0 0 EVP and COO Stock Unit (SIP) 2021-04-12 4 A 0 2617 0.00 A Common Stock 2617 2617 D Performance Stock Unit (SIP) 2021-04-12 4 A 0 5234 0.00 A Common Stock 5234 5234 D Performance Stock Unit (SIP) 2021-04-12 4 A 0 5234 0.00 A Common Stock 5234 5234 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 04/12/2024. As of 04/14/2021, total restricted stock units beneficially owned is 25,146.294. This total includes the 01/24/2019 grant of 7,850.439 restricted stock units, the 01/23/2020 grant of 6,442.74 restricted stock units, the 01/21/2021 grant of 8,236.115 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 04/12/2021 grant of 2,617 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 04/14/2021, total performance units beneficially owned is 100,580.982. This total includes the 01/24/2019 grants of 15,700.875 and 15,700.875 performance units, the 01/23/2020 grants of 12,884.401 and 12,884.401 performance units, and the 01/21/2021 grants of 16,471.215 and 16,471.215 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 04/12/2021 grants of 5,234 and 5,234 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 one-year performance period ending 12/31/2021, but will not vest, if at all, until the end of the three-year 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. /s/ W. Eric Marr, as Attorney-In-Fact for Gregory N. Dudkin 2021-04-14