0001209191-19-005287.txt : 20190125 0001209191-19-005287.hdr.sgml : 20190125 20190125134947 ACCESSION NUMBER: 0001209191-19-005287 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190124 FILED AS OF DATE: 20190125 DATE AS OF CHANGE: 20190125 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Dudkin Gregory N CENTRAL INDEX KEY: 0001467343 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11459 FILM NUMBER: 19542154 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] 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 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2019-01-24 0 0000922224 PPL Corp PPL 0001467343 Dudkin Gregory N TWO NORTH NINTH STREET ALLENTOWN PA 18101 0 1 0 0 President of a PPL Subsidiary Stock Unit (SIP) 2019-01-24 4 A 0 6901 0.00 A Common Stock 6901 6901 D Performance Stock Unit (SIP) 2019-01-24 4 A 0 13802 0.00 A Common Stock 13802 13802 D Performance Stock Unit (SIP) 2019-01-24 4 A 0 13802 0.00 A Common Stock 13802 13802 D Performance Stock Unit (SIP) 2019-01-24 4 J 0 18331.961 0.00 D Common Stock 18331.961 0 D 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 01/24/2022. As of 01/25/2019, total restricted stock units beneficially owned is 36,334.382. This total includes the 01/26/2017 grant of 6,081.68 restricted stock units, the 02/17/2017 grant of 16,915.194 restricted stock units, and the 01/25/2018 grant of 6,436.508, plus in each case, 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 01/24/2019 grant of 6,901 restricted stock units. 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 12/31/2021. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation, Governance and Nominating Committee in January 2022. As of 01/25/2019, total performance units beneficially owned is 77,676.756. This total includes the 01/26/2017 grants of 18,245.042 and 6,081.68 performance units, and the 01/25/2018 grants of 12,873.017 and 12,873.017 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 01/24/2019 grants of 13,802 and 13,802 performance units. 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 return on equity over a three-year performance period ending December 31, 2021. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation, Governance and Nominating Committee in January 2022. No conversion or exercise price or exercise or expiration date applies. Represents 0% payout of performance units granted in 2016 due to Company performance below minimum "total shareowner return" threshold at expiration of three-year performance period. Total includes the reinvestment of dividends. /s/Frederick C. Paine, as Attorney-In-Fact for Gregory N. Dudkin 2019-01-25