John Gregory Cornett - Mar 4, 2024 Form 3 Insider Report for PPL Corp (PPL)

Role: President of a PPL Subsidiary
Signature: /s/ W. Eric Marr, as Attorney-In-Fact for John Gregory Cornett
Stock symbol: PPL
Transactions as of: Mar 4, 2024
Transactions value $: $0
Form type: 3
Date filed: 3/5/2024, 05:26 PM
Next filing: May 6, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	PPL	Common Stock						1.37K	Mar 4, 2024	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	PPL	Stock Unit (ICPKE)							Mar 4, 2024	Common Stock	1.17K		Direct	F1, F2
holding	PPL	Stock Unit (SIP)							Mar 4, 2024	Common Stock	1.24K		Direct	F3, F4
holding	PPL	Stock Unit (SIP)							Mar 4, 2024	Common Stock	1.49K		Direct	F4, F5
holding	PPL	Performance Unit (ICPKE)							Mar 4, 2024	Common Stock	2.5K		Direct	F6, F7
holding	PPL	Performance Unit (ICPKE)							Mar 4, 2024	Common Stock	1.25K		Direct	F7, F8
holding	PPL	Performance Unit (ICPKE)							Mar 4, 2024	Common Stock	1.25K		Direct	F7, F9
holding	PPL	Performance Unit (SIP)							Mar 4, 2024	Common Stock	2.57K		Direct	F7, F10
holding	PPL	Performance Unit (SIP)							Mar 4, 2024	Common Stock	1.28K		Direct	F7, F11
holding	PPL	Performance Unit (SIP)							Mar 4, 2024	Common Stock	1.28K		Direct	F7, F12
holding	PPL	Performance Unit (SIP)							Mar 4, 2024	Common Stock	2.98K		Direct	F13
holding	PPL	Performance Unit (SIP)							Mar 4, 2024	Common Stock	1.49K		Direct	F14
holding	PPL	Performance Unit (SIP)							Mar 4, 2024	Common Stock	1.49K		Direct	F15

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The units will vest on 01/27/2025.
F2	No conversion or exercise price applies. Under the terms of the Incentive Compensation Plan for Key Employees (ICPKE), a restricted stock unit converts to a share of common stock on the applicable vesting date.
F3	The units will vest on 01/20/2026.
F4	No conversion or exercise price applies. Under the terms of the Stock Incentive Plan (SIP), a restricted stock unit converts to a share of common stock on the applicable vesting date.
F5	The units will vest on 01/25/2027.
F6	No conversion or exercise price or exercise or expiration date applies. Under the terms of the Incentive Compensation Plan for Key Employees (ICPKE), all, some or none of the underlying securities will be earned depending on the Company's performance relative to an industry peer group over a three-year performance period ending 12/31/2024. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation Committee in January 2025.
F7	Total includes the reinvestment of dividends.
F8	No conversion or exercise price or exercise or expiration date applies. Under the terms of the Incentive Compensation Plan for Key Employees (ICPKE), all, some or none of the underlying securities will be earned depending on the Company's earnings growth over a three-year performance period ending 12/31/2024. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation Committee in January 2025.
F9	No conversion or exercise price or exercise or expiration date applies. Under the terms of the Incentive Compensation Plan for Key Employees (ICPKE), all, some or none of the underlying securities will be earned depending on the Company's achievement of certain ESG-related metrics over a three-year performance period ending 12/31/2024. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation Committee in January 2025.
F10	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 performance relative to an industry peer group over a three-year performance period ending 12/31/2025. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation Committee in January 2026.
F11	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 earnings growth over a three-year performance period ending 12/31/2025. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation Committee in January 2026.
F12	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 achievement of certain ESG-related metrics over a three-year performance period ending 12/31/2025. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation Committee in January 2026.
F13	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 performance relative to an industry peer group over a three-year performance period ending 12/31/2026. Determination of number of underlying securities that have been earned, if any, will be made by the People and Compensation Committee in January 2027.
F14	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 earnings growth over a three-year performance period ending 12/31/2026. Determination of number of underlying securities that have been earned, if any, will be made by the People and Compensation Committee in January 2027.
F15	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 achievement of certain ESG-related metrics over a three-year performance period ending 12/31/2026. Determination of number of underlying securities that have been earned, if any, will be made by the People and Compensation Committee in January 2027.