0001209191-21-012746.txt : 20210222 0001209191-21-012746.hdr.sgml : 20210222 20210222164546 ACCESSION NUMBER: 0001209191-21-012746 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210121 FILED AS OF DATE: 20210222 DATE AS OF CHANGE: 20210222 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: 21660991 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 2021-01-21 0 0000922224 PPL Corp PPL 0001181274 SPENCE WILLIAM H TWO NORTH NINTH STREET ALLENTOWN PA 18101 1 0 0 0 Common Stock 2021-02-18 4 M 0 156886 27.77 A 187863.25 D Common Stock 2021-02-18 4 F 0 63506 27.77 D 124357.25 D Common Stock 153.679 I Held in trust pursuant to the Employee Stock Ownership Plan. Common Stock 12824 I Held in trust for benefit of Mr. Spence's wife. Performance Stock Unit (SIP) 0.00 2021-01-21 4 J 0 78442.702 0.00 D Common Stock 78442.702 0 D Performance Stock Unit (SIP) 0.00 2021-02-18 4 M 0 156886 0.00 D Common Stock 156886 0 D Total includes the reinvestment of dividends. Shares withheld by the company at the request of the executive officer to pay taxes due following expiration of the applicable restriction period, under the terms of the Stock Incentive Plan (SIP). The Company did not achieve the threshold percentile ranking in the applicable index to trigger share awards, therefore performance units based on TSR granted in 2018 will be paid out at 0%. No conversion or exercise price or exercise or expiration date applies. As of 02/22/2021, total performance units beneficially owned is 219,115.021. This total includes the 01/24/2019 grants of 77,684.123 and 77,684.123 performance units and the 01/23/2020 grant of 63,746.755 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. Mr. Spence forfeited 61,869.811 performance units in connection with his retirement pursuant to the terms of the Stock Incentive Plan. No conversion or exercise price or exercise or expiration date applies. Under the terms of the Stock Incentive Plan (SIP), the underlying securities were earned (200%) based on the Company's return on equity over a three-year performance period ending 12/31/2020. Determination of the percentage of the award earned was made by the Compensation Committee on 01/21/2021 and calculation of the underlying shares to be delivered, net of withholding, was completed on 02/18/2021. /s/ W. Eric Marr, as Attorney-In-Fact for William H. Spence 2021-02-22