John Gregory Cornett - Mar 4, 2024 Form 4 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
4
Date filed
3/5/2024, 05:27 PM
Next filing
May 6, 2024

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
transaction PPL Stock Unit (SIP) Award $0 +710 $0.00* 0 Mar 4, 2024 Common Stock 710 Direct F1, F2
transaction PPL Performance Unit (SIP) Award $0 +1.42K $0.00* 0 Mar 4, 2024 Common Stock 1.42K Direct F3
transaction PPL Performance Unit (SIP) Award $0 +710 $0.00* 0 Mar 4, 2024 Common Stock 710 Direct F4
transaction PPL Performance Unit (SIP) Award $0 +710 $0.00* 0 Mar 4, 2024 Common Stock 710 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 The units will vest on 03/04/2027.
F3 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.
F4 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.
F5 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.