0000950170-24-026294.txt : 20240305 0000950170-24-026294.hdr.sgml : 20240305 20240305172612 ACCESSION NUMBER: 0000950170-24-026294 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20240304 FILED AS OF DATE: 20240305 DATE AS OF CHANGE: 20240305 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Cornett John Gregory CENTRAL INDEX KEY: 0002013670 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11459 FILM NUMBER: 24722468 MAIL ADDRESS: STREET 1: TWO NORTH NINTH STREET CITY: ALLENTOWN STATE: PA ZIP: 18101 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: PPL Corp CENTRAL INDEX KEY: 0000922224 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 232758192 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: TWO N NINTH ST CITY: ALLENTOWN STATE: PA ZIP: 18101-1179 BUSINESS PHONE: 610-774-5151 MAIL ADDRESS: STREET 1: TWO N NINTH ST CITY: ALLENTOWN STATE: PA ZIP: 18101-1179 FORMER COMPANY: FORMER CONFORMED NAME: PPL CORP DATE OF NAME CHANGE: 20000214 FORMER COMPANY: FORMER CONFORMED NAME: PP&L RESOURCES INC DATE OF NAME CHANGE: 19941123 3 1 ownership.xml 3 X0206 3 2024-03-04 0 0000922224 PPL Corp PPL 0002013670 Cornett John Gregory TWO NORTH NINTH STREET ALLENTOWN PA 18101 false true false false President of a PPL Subsidiary Common Stock 1372 D Stock Unit (ICPKE) Common Stock 1166 D Stock Unit (SIP) Common Stock 1237 D Stock Unit (SIP) Common Stock 1488 D Performance Unit (ICPKE) Common Stock 2495.295 D Performance Unit (ICPKE) Common Stock 1248.184 D Performance Unit (ICPKE) Common Stock 1248.184 D Performance Unit (SIP) Common Stock 2565.948 D Performance Unit (SIP) Common Stock 1283.492 D Performance Unit (SIP) Common Stock 1283.492 D Performance Unit (SIP) Common Stock 2976 D Performance Unit (SIP) Common Stock 1488 D Performance Unit (SIP) Common Stock 1488 D The units will vest on 01/27/2025. 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. The units will vest on 01/20/2026. 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. The units will vest on 01/25/2027. 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. Total includes the reinvestment of dividends. 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. 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. 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. 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. 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. 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 12/31/2026. Determination of number of underlying securities that have been earned, if any, will be made by the People and Compensation Committee in January 2027. 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 12/31/2026. Determination of number of underlying securities that have been earned, if any, will be made by the People and Compensation Committee in January 2027. 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 12/31/2026. Determination of number of underlying securities that have been earned, if any, will be made by the People and Compensation Committee in January 2027. /s/ W. Eric Marr, as Attorney-In-Fact for John Gregory Cornett 2024-03-05 EX-24 2 ppl-ex24.htm EX-24 EX-24

POWER OF ATTORNEY

 

John Gregory Cornett, the undersigned, who is deemed to be an

executive officer of PPL Corporation (the "Company"), a

Pennsylvania corporation, hereby appoints Wendy E. Stark, Jeffrey R.

Jankowski, Bree F. Archambault and Wayne Eric Marr, and each of

them, his true and lawful attorneys-in-fact to execute for

the undersigned and file in his name all Securities and Exchange

Commission ("SEC") forms regarding ownership of Company securities

as required of the undersigned under the provisions of the

Securities Act of 1933 and the Securities Exchange Act of 1934,

each as amended, and regulations of the SEC. The undersigned hereby

grants to each such attorney full power and authority to do and

perform in the name of and on behalf of the undersigned, and in any

and all capacities, any act and thing whatsoever required or

necessary to be done for such purposes, as fully and to all intents

and purposes as the undersigned might do, hereby ratifying and

approving the acts of each such attorney.

 

This Power of Attorney shall remain in full force and effect until the

undersigned is no longer required to file such SEC forms, unless earlier

revoked by the undersigned in a signed writing delivered to the foregoing

attorneys-in-fact.

 

IN WITNESS WHEREOF, the undersigned has hereunto set his hand this 27th

day of February 2024.

 

 

/s/John Gregory Cornett

______________________________

John Gregory Cornett