0001209191-22-005569.txt : 20220131
0001209191-22-005569.hdr.sgml : 20220131
20220131163555
ACCESSION NUMBER: 0001209191-22-005569
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220127
FILED AS OF DATE: 20220131
DATE AS OF CHANGE: 20220131
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: 22574469
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
2022-01-27
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)
2022-01-27
4
A
0
5335
0.00
A
Common Stock
5335
5335
D
Performance Stock Unit (SIP)
2022-01-27
4
A
0
10669
0.00
A
Common Stock
10669
10669
D
Performance Stock Unit (SIP)
2022-01-27
4
A
0
5335
0.00
A
Common Stock
5335
5335
D
Performance Stock Unit (SIP)
2021-01-27
4
A
0
5335
0.00
A
Common Stock
5335
5335
D
Performance Stock Unit (ICPKE)
2022-01-27
4
J
0
3386.884
0.00
D
Common Stock
3386.884
0
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 01/27/2025.
As of 01/31/2022, total restricted stock units beneficially owned is 9,199.984. This total includes 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 955.984 restricted stock units, plus in the case of the 10/01/2021 grant, 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 01/27/2022 grant of 5,335 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 12/31/2024. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation Committee in January 2025.
As of 01/31/2022, total performance units beneficially owned is 41,212.362. This total includes the 01/24/2019 grant of 3,386.884 performance units, the 01/23/2020 grants of 2,779.443 and 2,779.443 performance units, the 01/21/2021 grants of 3,551.828 and 3,551.828 performance units, and the 10/01/2021 grants of 1,911.968 and 1,911.968, 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 three 01/27/2022 grants of (a) 10,669, (b) 5,335, and (c) 5,335 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 earnings growth over a three-year performance period ending 12/31/2024. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation Committee in January 2025.
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 achievement of certain ESG-related metrics over a three-year performance period ending 12/31/2024. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation Committee in January 2025.
No conversion or exercise price or exercise or expiration date applies.
The Company did not achieve the threshold percentile ranking in the applicable index to trigger share awards, therefore performance units based on TSR granted in 2019 will be paid out at 0%.
Total includes the reinvestment of dividends.
/s/ W. Eric Marr, as Attorney-In-Fact for John R. Crockett III
2022-01-31