PPL Corp — Director's Dealing 2020

Feb 7, 2020

SEC Form 4/A — Form 4/A

Issuer: PPL Corp (PPL)
CIK: 0000922224
Period of Report: 2020-01-23

Reporting Person: SPENCE WILLIAM H (Chairman and CEO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-01-23	Performance Stock Unit (SIP)	$	J	105578.724	Disposed		Common Stock (105578.724)	Direct

Footnotes

F1: No conversion or exercise price or exercise or expiration date applies.

F2: This amended Form 4 restates the number of performance units forfeited on 01/23/2020. On 01/23/2020, only one of two 2017 grants were forfeited due to Company performance below minimum "total shareowner return" threshold at expiration of the applicable three-year performance period. The other 2017 grant, being reinstated by this report, earned a 200% payout based on the Company's return-on-equity over a three-year performance period. The payout of this 2017 award will be reported on or about 02/18/2020 following calculation of underlying shares to be delivered, net of withholding.

F3: Total includes the reinvestment of dividends.

F4: As of 02/07/2020, total performance units beneficially owned is 447,859.541. This total includes the 01/26/2017 grant of 35,193.685 performance units, the 01/25/2018 grants of 73,611.895 and 73,611.895 performance units, and the 01/24/2019 grants of 72,900.033 and 72,900.033 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 01/23/2020 grants of 59,821 and 59,821 performance units.