David J. Bonenberger - May 25, 2022 Form 3 Insider Report for PPL Corp (PPL)

Role
President of a PPL Subsidiary
Signature
/s/ W. Eric Marr, as Attorney-In-Fact for David J. Bonenberger
Stock symbol
PPL
Transactions as of
May 25, 2022
Transactions value $
$0
Form type
3
Date filed
5/26/2022, 04:14 PM
Next filing
Jul 12, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PPL Common Stock 34.4K May 25, 2022 Direct F1
holding PPL Common Stock 4.47K May 25, 2022 Held in trust pursuant to the Employee Stock Ownership Plan. F1
holding PPL Common Stock 100 May 25, 2022 By Spouse in IRA

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 Employee Stock Options (Right to Buy) May 25, 2022 Common Stock 477 $25.22 Direct F2
holding PPL Employee Stock Options (Right to Buy) May 25, 2022 Common Stock 29.1K $26.59 Direct F3
holding PPL Stock Unit (ICPKE) May 25, 2022 Common Stock 1.12K Direct F4, F5
holding PPL Stock Unit (ICPKE) May 25, 2022 Common Stock 1.52K Direct F5, F6
holding PPL Stock Unit (ICPKE) May 25, 2022 Common Stock 1.48K Direct F5, F7
holding PPL Performance Unit (ICPKE) May 25, 2022 Common Stock 2.54K Direct F1, F8
holding PPL Performance Unit (ICPKE) May 25, 2022 Common Stock 2.54K Direct F1, F9
holding PPL Performance Unit (ICPKE) May 25, 2022 Common Stock 3.25K Direct F1, F10
holding PPL Performance Unit (ICPKE) May 25, 2022 Common Stock 3.25K Direct F1, F11
holding PPL Performance Unit (ICPKE) May 25, 2022 Common Stock 1.49K Direct F1, F12
holding PPL Performance Unit (ICPKE) May 25, 2022 Common Stock 1.49K Direct F1, F13
holding PPL Performance Unit (ICPKE) May 25, 2022 Common Stock 2.99K Direct F1, F14
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Total includes the reinvestment of dividends.
F2 The total grant of 477 options vested in three installments on 07/10/13, 07/10/14 and 07/10/15.
F3 The total grant of 29,080 options vested in three installments on 01/24/14, 01/24/15 and 01/24/16.
F4 The units will vest on 01/23/2023.
F5 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.
F6 The units will vest on 01/21/2024.
F7 The units will vest on 01/27/2025.
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.
F12 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 12/31/2024. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation Committee in January 2025.
F13 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 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
F14 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 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