0001209191-21-059391.txt : 20211005 0001209191-21-059391.hdr.sgml : 20211005 20211005162301 ACCESSION NUMBER: 0001209191-21-059391 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20211001 FILED AS OF DATE: 20211005 DATE AS OF CHANGE: 20211005 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Crockett John R III CENTRAL INDEX KEY: 0001884355 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11459 FILM NUMBER: 211306931 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 2021-10-01 0 0000922224 PPL Corp PPL 0001884355 Crockett John R III TWO NORTH NINTH STREET ALLENTOWN PA 18101 0 1 0 0 President of a PPL Subsidiary Stock Unit (SIP) 2021-10-01 4 A 0 943 0.00 A Common Stock 943 943 D Performance Stock Unit (SIP) 2021-10-01 4 A 0 1886 0.00 A Common Stock 1886 1886 D Performance Stock Unit (SIP) 2021-10-01 4 A 0 1886 0.00 A Common Stock 1886 1886 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 10/01/2024. As of 10/05/2021, total restricted stock units beneficially owned is 5,278. This total includes the 01/24/2019 grant of 1,426 restricted stock units, the 01/23/2020 grant of 1,232 restricted stock units, the 01/21/2021 grant of 1,677 restricted stock units, and the 10/01/2021 grant of 943 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 10/05/2021, total performance units beneficially owned is 22,944.326. This total includes the 01/24/2019 grants of 3,340.883 and 3,340.883 performance units, the 01/23/2020 grants of 2,741.693 and 2,741.693 performance units, and the 01/21/2021 grants of 3,503.587 and 3,503.587 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 10/01/2021 grants of 1,886 and 1,886 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 John R. Crockett III 2021-10-05