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PPL Corp — Director's Dealing 2021
Feb 22, 2021
30176_dirs_2021-02-22_85a2ba1e-479e-40a7-9b6f-4c84b48df7bd.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: Dudkin Gregory N (President of a PPL Subsidiary)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-01-21 | Performance Stock Unit (SIP) | $ | A | 16237 | Acquired | Common Stock (16237) | 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 88,831.608. This total includes the 01/24/2019 grants of 15,477.614 and 15,477.614 performance units, and the 01/23/2020 grants of 12,701.19 and 12,701.19 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 16,237 and 16,237 performance units.