John R. Crockett III - 01 Oct 2021 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 R. Crockett III
Issuer symbol: PPL
Transactions as of: 01 Oct 2021
Net transactions value: $0
Form type: 3
Filing time: 05 Oct 2021, 16:21:47 UTC
Next filing: 26 Jan 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	PPL	Common Stock						5,042	01 Oct 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)							01 Oct 2021	Common Stock	1,426		Direct	F1, F2
holding	PPL	Stock Unit (ICPKE)							01 Oct 2021	Common Stock	1,232		Direct	F2, F3
holding	PPL	Stock Unit (ICPKE)							01 Oct 2021	Common Stock	1,677		Direct	F2, F4
holding	PPL	Performance Unit (ICPKE)							01 Oct 2021	Common Stock	3,341		Direct	F5, F6
holding	PPL	Performance Unit (ICPKE)							01 Oct 2021	Common Stock	3,341		Direct	F6, F7
holding	PPL	Performance Unit (ICPKE)							01 Oct 2021	Common Stock	2,742		Direct	F6, F8
holding	PPL	Performance Unit (ICPKE)							01 Oct 2021	Common Stock	2,742		Direct	F6, F9
holding	PPL	Performance Unit (ICPKE)							01 Oct 2021	Common Stock	3,504		Direct	F6, F10
holding	PPL	Performance Unit (ICPKE)							01 Oct 2021	Common Stock	3,504		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.