Christine M. Martin - Dec 15, 2023 Form 3 Insider Report for PPL Corp (PPL)

Role
President of a PPL Subsidiary
Signature
/s/ W. Eric Marr, as Attorney-In-Fact for Christine M. Martin
Stock symbol
PPL
Transactions as of
Dec 15, 2023
Transactions value $
$0
Form type
3
Date filed
12/29/2023, 04:16 PM
Next filing
Jan 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PPL Common Stock 19.7K Dec 15, 2023 Direct F1
holding PPL Common Stock 228 Dec 15, 2023 Held in trust pursuant to the Employee Stock Ownership Plan. F1

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) Dec 15, 2023 Common Stock 1.78K Direct F2, F3
holding PPL Stock Unit (ICPKE) Dec 15, 2023 Common Stock 878 Direct F3, F4
holding PPL Stock Unit (ICPKE) Dec 15, 2023 Common Stock 1.73K Direct F3, F5
holding PPL Stock Unit (ICPKE) Dec 15, 2023 Common Stock 429 Direct F3, F6
holding PPL Stock Unit (SIP) Dec 15, 2023 Common Stock 1.78K Direct F7, F8
holding PPL Stock Unit (SIP) Dec 15, 2023 Common Stock 1.21K Direct F8, F9
holding PPL Performance Unit (ICPKE) Dec 15, 2023 Common Stock 3.99K Direct F1, F10
holding PPL Performance Unit (ICPKE) Dec 15, 2023 Common Stock 3.99K Direct F1, F11
holding PPL Performance Unit (ICPKE) Dec 15, 2023 Common Stock 3.67K Direct F1, F12
holding PPL Performance Unit (ICPKE) Dec 15, 2023 Common Stock 1.84K Direct F1, F13
holding PPL Performance Unit (ICPKE) Dec 15, 2023 Common Stock 1.84K Direct F1, F14
holding PPL Performance Unit (SIP) Dec 15, 2023 Common Stock 3.67K Direct F1, F15
holding PPL Performance Unit (SIP) Dec 15, 2023 Common Stock 1.84K Direct F1, F16
holding PPL Performance Unit (SIP) Dec 15, 2023 Common Stock 1.84K Direct F1, F17
* 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 units will vest on 01/21/2024.
F3 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.
F4 The units will vest on 06/14/2024.
F5 The units will vest on 01/27/2025.
F6 The units will vest on 05/25/2025.
F7 The units will vest on 01/20/2026.
F8 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.
F9 The units will vest on 09/01/2026.
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
F15 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 12/31/2025. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation Committee in January 2026.
F16 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 12/31/2025. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation Committee in January 2026.
F17 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 12/31/2025. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation Committee in January 2026.