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PPL Corp — Director's Dealing 2018
Jan 29, 2018
30176_dirs_2018-01-29_79cc1b29-4a86-4484-b272-20ff3df780af.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PPL Corp (PPL)
CIK: 0000922224
Period of Report: 2018-01-25
Reporting Person: Henninger Tadd J (Vice President and Treasurer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-01-25 | Stock Unit (SIP) | $ | A | 806 | Acquired | Common Stock (806) | Direct | |
| 2018-01-25 | Performance Stock Unit (SIP) | $ | A | 1612 | Acquired | Common Stock (1612) | Direct | |
| 2018-01-25 | Performance Stock Unit (SIP) | $ | A | 1612 | Acquired | Common Stock (1612) | Direct |
Footnotes
F1: 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.
F2: The units will vest on 01/25/2021.
F3: As of 01/29/2018, total restricted stock units beneficially owned is 5,022. This total includes the 03/01/2015 grant of 1,065 restricted stock units, the 03/01/2016 grant of 1,239 restricted stock units, the 02/17/2017 grant of 1,912 restricted stock units, and the 01/25/2018 grant of 806 restricted stock units.
F4: 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 12/31/2020. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation, Governance and Nominating Committee in January 2021.
F5: As of 01/29/2018, total performance units beneficially owned is 3,224. This total includes the 01/25/2018 grants of 1,612 and 1,612 performance units.
F6: 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 three-year performance period ending December 31, 2020. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation, Governance and Nominating Committee in January 2021.