Marlene C. Beers - 15 Jun 2021 Form 4 Insider Report for PPL Corp (PPL)

Role
Vice President and Controller
Signature
/s/ W. Eric Marr, as Attorney-In-Fact for Marlene C. Beers
Issuer symbol
PPL
Transactions as of
15 Jun 2021
Net transactions value
$0
Form type
4
Filing time
17 Jun 2021, 17:23:54 UTC
Next filing
26 Jan 2022
SEC
View on sec.gov

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 +1,743 $0.000000 1,743 15 Jun 2021 Common Stock 1,743 Direct F1, F2, F3
* 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 06/15/2024.
F3 As of 06/17/2021, total restricted stock units beneficially owned is 6,117.383. This total includes the 01/24/2019 grant of 1,321.867 restricted stock units, the 01/23/2020 grant of 1,270.172 restricted stock units, and the 01/21/2021 grant of 1,782.344 restricted stock units, plus in each case, the incremental addition of restricted stock units credited to the original grant in amounts equal to dividend equivalents deemed earned on shares underlying such restricted stock units, and the 06/15/2021 grant of 1,743 restricted stock units.