0001209191-21-026645.txt : 20210414
0001209191-21-026645.hdr.sgml : 20210414
20210414161528
ACCESSION NUMBER: 0001209191-21-026645
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: Raymond Stephanie R
CENTRAL INDEX KEY: 0001856197
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-11459
FILM NUMBER: 21825871
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
0001856197
Raymond Stephanie R
TWO NORTH NINTH STREET
ALLENTOWN
PA
18101
0
1
0
0
President of a PPL Subsidiary
Stock Unit (SIP)
2021-04-12
4
A
0
2544
0.00
A
Common Stock
2544
2544
D
Performance Stock Unit (SIP)
2021-04-12
4
A
0
5087
0.00
A
Common Stock
5087
5087
D
Performance Stock Unit (SIP)
2021-04-12
4
A
0
5087
0.00
A
Common Stock
5087
5087
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 6,583. This total includes the 01/24/2019 grant of 1,329 restricted stock units, the 01/23/2020 grant of 1,147 restricted stock units, the 01/21/2021 grant of 1,563 restricted stock units, and the 04/12/2021 grant of 2,544 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 27,518.864. This total includes the 01/24/2019 grants of 3,022.548 and 3,022.548 performance units, the 01/23/2020 grants of 2,479.806 and 2,479.806 performance units, and the 01/21/2021 grants of 3,170.078 and 3,170.078 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 5,087 and 5,087 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 Stephanie R. Raymond
2021-04-14