John R. Crockett III - Oct 1, 2021 Form 3 Insider Report for PPL Corp (PPL)

Signature
/s/ W. Eric Marr, as Attorney-In-Fact for John R. Crockett III
Stock symbol
PPL
Transactions as of
Oct 1, 2021
Transactions value $
$0
Form type
3
Date filed
10/5/2021, 04:21 PM
Next filing
Jan 26, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PPL Common Stock 5.04K Oct 1, 2021 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) Oct 1, 2021 Common Stock 1.43K Direct F1, F2
holding PPL Stock Unit (ICPKE) Oct 1, 2021 Common Stock 1.23K Direct F2, F3
holding PPL Stock Unit (ICPKE) Oct 1, 2021 Common Stock 1.68K Direct F2, F4
holding PPL Performance Unit (ICPKE) Oct 1, 2021 Common Stock 3.34K Direct F5, F6
holding PPL Performance Unit (ICPKE) Oct 1, 2021 Common Stock 3.34K Direct F6, F7
holding PPL Performance Unit (ICPKE) Oct 1, 2021 Common Stock 2.74K Direct F6, F8
holding PPL Performance Unit (ICPKE) Oct 1, 2021 Common Stock 2.74K Direct F6, F9
holding PPL Performance Unit (ICPKE) Oct 1, 2021 Common Stock 3.5K Direct F6, F10
holding PPL Performance Unit (ICPKE) Oct 1, 2021 Common Stock 3.5K Direct F6, F11
* 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 01/24/2022.
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 01/23/2023.
F4 The units will vest on 01/21/2024.
F5 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 12/31/2021. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation Committee in January 2022.
F6 Total includes the reinvestment of dividends.
F7 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 return on equity over a three-year performance period ending 12/31/2021. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation Committee in January 2022.
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 performance relative to an industry peer group over a three-year performance period ending 12/31/2022. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation Committee in January 2023.
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 return on equity over a three-year performance period ending 12/31/2022. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation Committee in January 2023.
F10 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 12/31/2023. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation Committee in January 2024.
F11 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 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.