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: Swift Philip (Chief Exec of a PPL Subsidiary)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-01-23	Performance Stock Unit (SIP)	$	J	4138.994	Disposed		Common Stock (4138.994)	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 35,644.104. This total includes the 01/26/2017 grant of 1,379.664 performance units, the 01/25/2018 grants of 3,801.136 and 3,801.136 performance units, the 12/20/2018 grants of 344.116 and 344.116 performance units, the 01/24/2019 grants of 5,718.434 and 5,718.434 performance units, and the 12/09/2019 grants of 1,262.534 and 1,262.534 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 6,006 and 6,006 performance units.