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