0001209191-19-005291.txt : 20190125 0001209191-19-005291.hdr.sgml : 20190125 20190125135828 ACCESSION NUMBER: 0001209191-19-005291 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180124 FILED AS OF DATE: 20190125 DATE AS OF CHANGE: 20190125 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SPENCE WILLIAM H CENTRAL INDEX KEY: 0001181274 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11459 FILM NUMBER: 19542178 MAIL ADDRESS: STREET 1: UNIVERSITY OFFICE PLAZA STREET 2: 252 CHAPMAN RD., PO BOX 6066 CITY: NEWARK STATE: DE ZIP: 19714-0066 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 2018-01-24 0 0000922224 PPL Corp PPL 0001181274 SPENCE WILLIAM H TWO NORTH NINTH STREET ALLENTOWN PA 18101 0 1 0 0 Chairman, President and CEO Stock Unit (SIP) 2019-01-24 4 A 0 34637 0.00 A Common Stock 34637 34637 D Performance Stock Unit (SIP) 2019-01-24 4 A 0 69274 0.00 A Common Stock 69274 69274 D Performance Stock Unit (SIP) 2019-01-24 4 A 0 69274 0.00 A Common Stock 69274 69274 D Performance Stock Unit (SIP) 2019-01-24 4 J 0 105724.118 0.00 D Common Stock 105724.118 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 196,071.796. This total includes the 01/26/2017 grant of 33,443.159 restricted stock units, the 02/17/2017 grant of 93,016.41 restricted stock units, and the 01/25/2018 grant of 34,975.227 restricted stock units, 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 34,637 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 412,219.33. This total includes the 01/26/2017 grants of 100,327.261 and 33,443.159 performance units, and the 01/25/2018 grants of 69,950.455 and 69,950.455 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 69,274 and 69,274 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 William H. Spence 2019-01-25