R. Venkata Madabhushi - Jul 1, 2021 Form 4 Insider Report for PPL Corp (PPL)

Role
Director
Signature
/s/ W. Eric Marr, as Attorney-In-Fact for Venkata R. Madabhushi
Stock symbol
PPL
Transactions as of
Jul 1, 2021
Transactions value $
$37,500
Form type
4
Date filed
7/6/2021, 04:23 PM
Next filing
Oct 5, 2021

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 (DDCP) Award $37.5K +1.33K +2.37% $28.26 57.2K Jul 1, 2021 Common Stock 1.33K 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 as, under the terms of the Directors Deferred Compensation Plan (DDCP), payout of the underlying securities will occur following a director's retirement.
F2 Payout of the underlying securities occurs as noted above in Note 1.
F3 Total includes the reinvestment of dividends.