0001209191-23-004677.txt : 20230124
0001209191-23-004677.hdr.sgml : 20230124
20230124181120
ACCESSION NUMBER: 0001209191-23-004677
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230120
FILED AS OF DATE: 20230124
DATE AS OF CHANGE: 20230124
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: 23549268
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
2023-01-20
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
Common Stock
2023-01-23
4
M
0
1147
29.32
A
24329
D
Common Stock
2023-01-23
4
F
0
491
29.32
D
23838
D
Common Stock
45.842
I
Held in trust pursuant to the Employee Stock Ownership Plan.
Stock Unit (SIP)
2023-01-20
4
A
0
5254
0.00
A
Common Stock
5254
5254
D
Performance Stock Unit (SIP)
2023-01-20
4
A
0
10508
0.00
A
Common Stock
10508
10508
D
Performance Stock Unit (SIP)
2023-01-20
4
A
0
5254
0.00
A
Common Stock
5254
5254
D
Performance Stock Unit (SIP)
2023-01-20
4
A
0
5254
0.00
A
Common Stock
5254
5254
D
Performance Stock Unit (ICPKE)
2023-01-20
4
J
0
2670.807
0.00
D
Common Stock
2670.807
0
D
Stock Unit (ICPKE)
0.00
2023-01-23
4
M
0
1147
0.00
D
Common Stock
1147
0
D
Shares withheld by the company at the request of the executive officer to pay taxes due following expiration of the applicable restriction period, under the terms of the Incentive Compensation Plan for Key Employees (ICPKE).
Total includes the reinvestment of dividends.
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 01/20/2026.
As of 01/24/2023, total restricted stock units beneficially owned is 14,655.635. This total includes the 01/21/2021 grant of 1,563 restricted stock units, the 04/12/2022 grant of 2,739.946 restricted stock units, and the 01/27/2022 grant of 5,098.689 restricted stock units, plus in the case of the 04/12/2021 and 01/27/2022 grants, 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 01/20/2023 grant of 5,254 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 12/31/2025. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation Committee in January 2026.
As of 01/24/2023, total performance units beneficially owned is 61,866.658. This total includes the 01/23/2020 grant of 2,670.807 performance units, the 01/21/2021 grants of 3,414.247 and 3,414.247 performance units, the 04/12/2021 grants of 5,478.815 and 5,478.815 performance units, and the three 01/27/2022 grants of (a) 10,196.349, (b) 5,098.689, and (c) 5,098.689 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 three 01/20/2023 grants of (a) 10,508, (b) 5,254, and (c) 5,254 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 12/31/2025. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation Committee in January 2026.
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 12/31/2025. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation Committee in January 2026.
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 2020 will be paid out at 0%.
The units vested on 01/23/2023.
/s/ W. Eric Marr, as Attorney-In-Fact for Stephanie R. Raymond
2023-01-24