Angela K. Gosman - Jan 1, 2022 Form 3 Insider Report for PPL Corp (PPL)

Role: SVP and CHRO
Signature: /s/ W. Eric Marr, as Attorney-In-Fact for Angela K. Gosman
Stock symbol: PPL
Transactions as of: Jan 1, 2022
Transactions value $: $0
Form type: 3
Date filed: 1/4/2022, 03:37 PM
Next filing: Jan 31, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	PPL	Common Stock						403	Jan 1, 2022	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)							Jan 1, 2022	Common Stock	983		Direct	F1, F2
holding	PPL	Stock Unit (ICPKE)							Jan 1, 2022	Common Stock	403		Direct	F2, F3
holding	PPL	Stock Unit (ICPKE)							Jan 1, 2022	Common Stock	323		Direct	F2, F4
holding	PPL	Stock Unit (ICPKE)							Jan 1, 2022	Common Stock	1.14K		Direct	F2, F5
holding	PPL	Stock Unit (ICPKE)							Jan 1, 2022	Common Stock	866		Direct	F2, F6
holding	PPL	Performance Unit (ICPKE)							Jan 1, 2022	Common Stock	1.48K		Direct	F7, F8
holding	PPL	Performance Unit (ICPKE)							Jan 1, 2022	Common Stock	1.48K		Direct	F8, F9
holding	PPL	Performance Unit (ICPKE)							Jan 1, 2022	Common Stock	2.42K		Direct	F8, F10
holding	PPL	Performance Unit (ICPKE)							Jan 1, 2022	Common Stock	2.42K		Direct	F8, F11
holding	PPL	Performance Unit (ICPKE)							Jan 1, 2022	Common Stock	1.78K		Direct	F8, F10
holding	PPL	Performance Unit (ICPKE)							Jan 1, 2022	Common Stock	1.78K		Direct	F8, 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 02/14/2022.
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 02/14/2023.
F4	The units will vest on 05/18/2023.
F5	The units will vest on 01/21/2024.
F6	The units will vest on 08/01/2024.
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 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.
F8	Total includes the reinvestment of dividends.
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.