0001209191-19-059978.txt : 20191211 0001209191-19-059978.hdr.sgml : 20191211 20191211104252 ACCESSION NUMBER: 0001209191-19-059978 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20191209 FILED AS OF DATE: 20191211 DATE AS OF CHANGE: 20191211 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Swift Philip CENTRAL INDEX KEY: 0001758615 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11459 FILM NUMBER: 191279186 MAIL ADDRESS: STREET 1: C/O 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 2019-12-09 0 0000922224 PPL Corp PPL 0001758615 Swift Philip TWO NORTH NINTH STREET ALLENTOWN PA 18101 0 1 0 0 Chief Exec of a PPL Subsidiary Stock Unit (SIP) 2019-12-09 4 A 0 625 0.00 A Common Stock 625 625 D Performance Stock Unit (SIP) 2019-12-09 4 A 0 1248 0.00 A Common Stock 1248 1248 D Performance Stock Unit (SIP) 2019-12-09 4 A 0 1248 0.00 A Common Stock 1248 1248 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 12/09/2022. As of 12/11/2019, total restricted stock units beneficially owned is 9,767.899. This total includes the 01/26/2017 grant of 1,185 restricted stock units, the 02/17/2017 grant of 3,255 restricted stock units, the 01/25/2018 grant of 1,706 restricted stock units, the 12/20/2018 grant of 170.597 restricted stock units, the 01/24/2019 grant of 2,826.302 restricted stock units, plus in the case of the 12/20/2018 and 01/24/2019 grants, 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 12/09/2019 grant of 625 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 12/11/2019, total performance units beneficially owned is 27,451.401. This total includes the 01/26/2017 grants of 4,091.346 and 1,363.781 performance units, the 01/25/2018 grants of 3,757.378 and 3,757.378 performance units, the 12/20/2018 grants of 340.155 and 340.155 performance units, and the 01/24/2019 grants of 5,652.604 and 5,652.604 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 12/09/2019 grants of 1,248 and 1,248 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 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. /s/Jennifer L. McDonough, as Attorney-In-Fact for Philip Swift 2019-12-11