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PPL Corp Director's Dealing 2021

Feb 22, 2021

30176_dirs_2021-02-22_cac51c96-6ff1-4983-b629-2b31e7db89b2.zip

Director's Dealing

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SEC Form 4/A — Form 4/A

Issuer: PPL Corp (PPL)
CIK: 0000922224
Period of Report: 2021-01-21

Reporting Person: Bergstein Joseph P Jr (SVP and CFO)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-01-21 Performance Stock Unit (SIP) $ A 20051 Acquired Common Stock (20051) Direct

Footnotes

F1: 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 one-year performance period ending 12/31/2021, but will not vest, if at all, until the end of the three-year period ending 12/31/2023. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation Committee in January 2024. This amended Form 4 corrects the performance measurement period for these awards; all other aspects of the awards remain unchanged.

F2: As of 02/22/2021, total performance units beneficially owned is 83,174.516. This total includes the 01/24/2019 grants of 3,438.224 and 3,438.224 performance units, the 07/01/2019 grants of 4,744.683 and 4,744.683 performance units, and the 01/23/2020 grants of 13,353.351 and 13,353.351 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 01/21/2021 grants of 20,051 and 20,051 performance units.