Wendy E. Stark - 27 Jan 2022 Form 4 Insider Report for PPL Corp (PPL)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
31 Jan 2022, 15:42:35 UTC
Next SEC filing
24 Jan 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ W. Eric Marr, as Attorney-In-Fact for Wendy E. Stark

Key filing fact

Wendy E. Stark filed Form 4 for PPL Corp (PPL) on 31 Jan 2022.

Key facts

  • This page summarizes Wendy E. Stark's Form 4 filing for PPL Corp (PPL).
  • 4 reported transactions and 4 derivative rows are listed below.
  • Accepted by SEC: 31 Jan 2022, 15:42.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

PPL transaction Derivative

Stock Unit (SIP)

Award

Transaction value
$0
Shares
+7,513
Change %
Price
$0.000000
Shares after
7,513
Date
27 Jan 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
7,513
Exercise price
Footnotes
F1, F2, F3
PPL transaction Derivative

Performance Stock Unit (SIP)

Award

Transaction value
$0
Shares
+15,026
Change %
Price
$0.000000
Shares after
15,026
Date
27 Jan 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
15,026
Exercise price
Footnotes
F4, F5
PPL transaction Derivative

Performance Stock Unit (SIP)

Award

Transaction value
$0
Shares
+7,513
Change %
Price
$0.000000
Shares after
7,513
Date
27 Jan 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
7,513
Exercise price
Footnotes
F5, F6
PPL transaction Derivative

Performance Stock Unit (SIP)

Award

Transaction value
$0
Shares
+7,513
Change %
Price
$0.000000
Shares after
7,513
Date
27 Jan 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
7,513
Exercise price
Footnotes
F5, F7
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 footnotes

Footnote F1

No conversion or exercise price applies. Under the terms of the Stock Incentive Plan (SIP), a restricted stock unit converts to a share of common stock on the applicable vesting date.

Footnote F2

The units will vest on 01/27/2025.

Footnote F3

As of 01/31/2022, total restricted stock units beneficially owned is 11,948.634. This total includes the 04/12/2021 grant of 4,435.634 restricted stock units, plus in the incremental addition of restricted stock units credited to the original grant in amounts equal to dividend equivalents deemed earned on shares underlying such restricted stock units, and the 01/27/2022 grant of 7,513 restricted stock units.

Footnote F4

No conversion or exercise price or exercise or expiration date applies. Under the terms of the Stock Incentive Plan (SIP), 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 12/31/2024. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation Committee in January 2025.

Footnote F5

As of 01/31/2022, total performance units beneficially owned is 47,794.538. This total includes the 04/12/2021 grants of 8,871.269 and 8,871.269 performance units, plus in each case, the incremental addition of performance units credited to the original grant in amounts equal to dividend equivalents deemed earned on shares underlying such performance units, and the three 01/27/2022 grants of (a) 15,026, (b) 7,513, and (c) 7,513 performance units.

Footnote F6

No conversion or exercise price or exercise or expiration date applies. Under the terms of the Stock Incentive Plan (SIP), all, some or none of the underlying securities will be earned depending on the Company's earnings growth over a three-year performance period ending 12/31/2024. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation Committee in January 2025.

Footnote F7

No conversion or exercise price or exercise or expiration date applies. Under the terms of the Stock Incentive Plan (SIP), all, some or none of the underlying securities will be earned depending on the Company's achievement of certain ESG-related metrics over a three-year performance period ending 12/31/2024. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation Committee in January 2025.

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