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PPL Corp — Director's Dealing 2021
Feb 22, 2021
30176_dirs_2021-02-22_672063a5-9143-429b-8f5a-6790f280eb67.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: Beers Marlene C (Vice President and Controller)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-01-21 | Performance Stock Unit (SIP) | $ | A | 3513 | Acquired | Common Stock (3513) | 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 17,244.482. This total includes the 01/24/2019 grants of 2,605.021 and 2,605.021 performance units, the 01/23/2020 grants of 2,504.22 and 2,504.22 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 3,513 and 3,513 performance units.