Heather B. Redman - Nov 1, 2021 Form 4 Insider Report for PPL Corp (PPL)

Role
Director
Signature
/s/ W. Eric Marr, as Attorney-In-Fact for Heather B. Redman
Stock symbol
PPL
Transactions as of
Nov 1, 2021
Transactions value $
$33,424
Form type
4
Date filed
11/1/2021, 02:11 PM
Previous filing
Oct 12, 2021
Next filing
Jan 4, 2022

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 $33.4K +1.19K $28.19 1.19K Nov 1, 2021 Common Stock 1.19K 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 Represents the closing price on 10/11/2021 in connection with Ms. Redman's appointment as a Director on that date. The shares were issued on 11/01/2021 after certain payroll elections were made and related paperwork was completed.