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PPL Corp — Director's Dealing 2019
Jul 2, 2019
30176_dirs_2019-07-02_9b691436-66c9-4deb-a021-4ac3515d2a5c.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: PPL Corp (PPL)
CIK: 0000922224
Period of Report: 2019-07-01
Reporting Person: Bergstein Joseph P Jr (SVP and CFO)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 7286.4 | Direct |
| Common Stock | 299.034 | Indirect |
| Common Stock | 48.058 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Options (Right to Buy) | $26.59 | 2023-01-23 | Common Stock (20645) | Direct | |
| Stock Unit (ICPKE) | $ | Common Stock (1533) | Direct | ||
| Stock Unit (ICPKE) | $ | Common Stock (1372) | Direct | ||
| Stock Unit (SIP) | $ | Common Stock (3599.689) | Direct | ||
| Stock Unit (SIP) | $ | Common Stock (1386.942) | Direct | ||
| Performance Unit (ICPKE) | $ | Common Stock (3147.87) | Direct | ||
| Performance Unit (ICPKE) | $ | Common Stock (3147.87) | Direct | ||
| Performance Unit (ICPKE) | $ | Common Stock (2981.378) | Direct | ||
| Performance Unit (ICPKE) | $ | Common Stock (2981.378) | Direct | ||
| Performance Unit (SIP) | $ | Common Stock (1386.942) | Direct | ||
| Performance Unit (SIP) | $ | Common Stock (4159.689) | Direct |
Footnotes
F1: Total includes the reinvestment of dividends.
F2: The total grant of 20,645 options vested in three installments on January 24, 2014, January 24, 2015 and January 24, 2016.
F3: The units will vest on January 24, 2022.
F4: No conversion or exercise price applies. Under the terms of the Incentive Compensation Plan for Key Employees (ICPKE), a restricted stock unit converts to a share of common stock on the applicable vesting date.
F5: The units will vest on January 25, 2021.
F6: The units will vest on February 17, 2020.
F7: 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.
F8: The units will vest on January 26, 2020.
F9: No conversion or exercise price or exercise or expiration date applies. Under the terms of the Incentive Compensation Plan for Key Employees (ICPKE), 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 December 31, 2021. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation, Governance and Nominating Committee in January 2022.
F10: No conversion or exercise price or exercise or expiration date applies. Under the terms of the Incentive Compensation Plan for Key Employees (ICPKE), 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, 2021. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation, Governance and Nominating Committee in January 2022.
F11: No conversion or exercise price or exercise or expiration date applies. Under the terms of the Incentive Compensation Plan for Key Employees (ICPKE), 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 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.
F12: No conversion or exercise price or exercise or expiration date applies. Under the terms of the Incentive Compensation Plan for Key Employees (ICPKE), 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
F13: 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, 2019. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation, Governance and Nominating Committee in January 2020.
F14: 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 December 31, 2019. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation, Governance and Nominating Committee in January 2020.