Vincent Sorgi - Jan 24, 2022 Form 4 Insider Report for PPL Corp (PPL)

Role
President and CEO
Signature
/s/ W. Eric Marr, as Attorney-In-Fact for Vincent Sorgi
Stock symbol
PPL
Transactions as of
Jan 24, 2022
Transactions value $
$86,836
Form type
4
Date filed
1/26/2022, 03:17 PM
Next filing
Feb 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PPL Common Stock Options Exercise $301K +10.2K +13.64% $29.56 84.9K Jan 24, 2022 Direct
transaction PPL Common Stock Tax liability -$91.6K -3.1K -3.65% $29.56 81.8K Jan 24, 2022 Direct F1
transaction PPL Common Stock Options Exercise $753K +29.6K +36.23% $25.41 111K Jan 24, 2022 Direct F2
transaction PPL Common Stock Sale -$875K -29.6K -26.59% $29.55 81.8K Jan 24, 2022 Direct F2
holding PPL Common Stock 156 Jan 24, 2022 Held in trust pursuant to the Employee Stock Ownership Plan. F3

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 (SIP) Options Exercise $0 -10.2K -100% $0.00* 0 Jan 24, 2022 Common Stock 10.2K $0.00 Direct F3, F4
transaction PPL Employee Stock Options (Right to Buy) Options Exercise $0 -29.6K -100% $0.00* 0 Jan 24, 2022 Common Stock 29.6K $25.41 Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld by the company at the request of the executive officer to pay taxes due following expiration of the applicable restriction period, under the terms of the Stock Incentive Plan (SIP).
F2 This Form 4 report reflects the exercise of 29,624 stock options and sale of underlying shares pursuant to a 10b5-1 plan, dated 09/02/2020.
F3 Total includes the reinvestment of dividends.
F4 The units vested on 01/24/2022.
F5 Represents the exercise of 29,624 stock options that vested in three equal annual installments beginning on 01/26/2013.