Form 4 for PPL PPL Corporation
Accepted 2024-01-29 00:00:00 ET · period of report 2024-01-25 · accession 0000950170-24-008375 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-01-29 | 2024-01-25 | PPL | Crockett John R III | Pres of a PPL Subsidiary | F - Tax | $25.83 | -4,884 | 16.8K | -23% | -$126.2K |
| DM | 2024-01-29 | 2024-01-25 | PPL | Crockett John R III | Pres of a PPL Subsidiary | M - OptEx | $25.83 | +15.5K | 16.5K | +1,520% | +$400.4K |
| DM | 2024-01-29 | 2024-01-25 | PPL | Crockett John R III | Pres of a PPL Subsidiary | M - OptEx | $0.00 | -15.5K | 0 | -100% | $0 |
| DM | 2024-01-29 | 2024-01-25 | PPL | Crockett John R III | Pres of a PPL Subsidiary | A - Grant | $0.00 | +29.1K | 5,828 | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-01-25 | F | D | 1,136 | $25.83 | 19,431 | D | — | — | |
| 2 | Common | Common Stock | 2024-01-25 | M | A | 2,047 | $25.83 | 21,478 | D | — | — | |
| 3 | Common | Common Stock | 2024-01-25 | F | D | 612 | $25.83 | 20,866 | D | — | — | |
| 4 | Common | Common Stock | 2024-01-25 | M | A | 3,803 | $25.83 | 20,567 | D | — | — | |
| 5 | Common | Common Stock | 2024-01-25 | M | A | 3,378 | $25.83 | 17,773 | D | — | — | |
| 6 | Common | Common Stock | 2024-01-25 | F | D | 2,127 | $25.83 | 14,395 | D | — | — | |
| 7 | Common | Common Stock | 2024-01-25 | M | A | 6,274 | $25.83 | 16,522 | D | — | — | |
| 8 | Common | Common Stock | 2024-01-25 | F | D | 1,009 | $25.83 | 16,764 | D | — | — | |
| 9 | Derivative | Performance Stock Unit (ICPKE) | 2024-01-25 | M | D | 3,378 | $0.00 | 0 | D | — · — to — | 3,378 Common Stock | (F10) Total includes the reinvestment of dividends. (F6) As of 01/29/2024, total performance units beneficially owned is 68,980.901. This total includes the three 01/27/2022 grants of (a) 11,420.978, (b) 5,711.024, and (c) 5,711.024 performance units, and the three 01/20/2023 grants of (a) 11,413.437, (b) 5,706.719, and (c) 5,706.719 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 three 01/25/2024 grants of (a) 11,655, (b) 5,828, and (c) 5,828 performance units. (F9) No conversion or exercise price or exercise or expiration date applies. Under the terms of the Incentive Compensation Plan for Key Employees (ICPKE), the underlying securities were earned (165%) based on the Company's return on equity over a one-year performance period ending 12/31/2021. Determination of the percentage of the award earned was made by the People and Compensation Committee on 01/21/2022 and calculation of the underlying shares to be delivered, net of withholding, was completed on 01/25/2024. |
| 10 | Derivative | Performance Stock Unit (SIP) | 2024-01-25 | A | A | 5,828 | $0.00 | 5,828 | D | — · — to — | 5,828 Common Stock | (F6) As of 01/29/2024, total performance units beneficially owned is 68,980.901. This total includes the three 01/27/2022 grants of (a) 11,420.978, (b) 5,711.024, and (c) 5,711.024 performance units, and the three 01/20/2023 grants of (a) 11,413.437, (b) 5,706.719, and (c) 5,706.719 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 three 01/25/2024 grants of (a) 11,655, (b) 5,828, and (c) 5,828 performance units. (F8) 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. |
| 11 | Derivative | Stock Unit (SIP) | 2024-01-25 | A | A | 5,828 | $0.00 | 5,828 | D | — · — to — | 5,828 Common Stock | (F4) As of 01/29/2024, total restricted stock units beneficially owned is 18,269.109. This total includes the 10/01/2021 grant of 1,023.366 restricted stock units, the 01/27/2022 grant of 5,711.024 restricted stock units, and the 01/20/2023 grant of 5,706.719 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 01/25/2024 grant of 5,828 restricted stock units. (F2) 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. (F3) The units will vest on 01/25/2027. |
| 12 | Derivative | Performance Stock Unit (ICPKE) | 2024-01-25 | M | D | 2,047 | $0.00 | 0 | D | — · — to — | 2,047 Common Stock | (F10) Total includes the reinvestment of dividends. (F6) As of 01/29/2024, total performance units beneficially owned is 68,980.901. This total includes the three 01/27/2022 grants of (a) 11,420.978, (b) 5,711.024, and (c) 5,711.024 performance units, and the three 01/20/2023 grants of (a) 11,413.437, (b) 5,706.719, and (c) 5,706.719 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 three 01/25/2024 grants of (a) 11,655, (b) 5,828, and (c) 5,828 performance units. (F11) No conversion or exercise price or exercise or expiration date applies. Under the terms of the Incentive Compensation Plan for Key Employees (ICPKE), the underlying securities were earned (100%) based on the Company's performance relative to an industry peer group over a three-year performance period ending 12/31/2023. Determination of the percentage of the award earned was made by the People and Compensation Committee on 01/25/2024 and calculation of the underlying shares to be delivered, net of withholding, was completed on 01/25/2024. |
| 13 | Derivative | Performance Stock Unit (ICPKE) | 2024-01-25 | M | D | 3,803 | $0.00 | 0 | D | — · — to — | 3,803 Common Stock | (F10) Total includes the reinvestment of dividends. (F6) As of 01/29/2024, total performance units beneficially owned is 68,980.901. This total includes the three 01/27/2022 grants of (a) 11,420.978, (b) 5,711.024, and (c) 5,711.024 performance units, and the three 01/20/2023 grants of (a) 11,413.437, (b) 5,706.719, and (c) 5,706.719 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 three 01/25/2024 grants of (a) 11,655, (b) 5,828, and (c) 5,828 performance units. (F11) No conversion or exercise price or exercise or expiration date applies. Under the terms of the Incentive Compensation Plan for Key Employees (ICPKE), the underlying securities were earned (100%) based on the Company's performance relative to an industry peer group over a three-year performance period ending 12/31/2023. Determination of the percentage of the award earned was made by the People and Compensation Committee on 01/25/2024 and calculation of the underlying shares to be delivered, net of withholding, was completed on 01/25/2024. |
| 14 | Derivative | Performance Stock Unit (ICPKE) | 2024-01-25 | M | D | 6,274 | $0.00 | 0 | D | — · — to — | 6,274 Common Stock | (F10) Total includes the reinvestment of dividends. (F6) As of 01/29/2024, total performance units beneficially owned is 68,980.901. This total includes the three 01/27/2022 grants of (a) 11,420.978, (b) 5,711.024, and (c) 5,711.024 performance units, and the three 01/20/2023 grants of (a) 11,413.437, (b) 5,706.719, and (c) 5,706.719 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 three 01/25/2024 grants of (a) 11,655, (b) 5,828, and (c) 5,828 performance units. (F9) No conversion or exercise price or exercise or expiration date applies. Under the terms of the Incentive Compensation Plan for Key Employees (ICPKE), the underlying securities were earned (165%) based on the Company's return on equity over a one-year performance period ending 12/31/2021. Determination of the percentage of the award earned was made by the People and Compensation Committee on 01/21/2022 and calculation of the underlying shares to be delivered, net of withholding, was completed on 01/25/2024. |
| 15 | Derivative | Performance Stock Unit (SIP) | 2024-01-25 | A | A | 11,655 | $0.00 | 11,655 | D | — · — to — | 11,655 Common Stock | (F6) As of 01/29/2024, total performance units beneficially owned is 68,980.901. This total includes the three 01/27/2022 grants of (a) 11,420.978, (b) 5,711.024, and (c) 5,711.024 performance units, and the three 01/20/2023 grants of (a) 11,413.437, (b) 5,706.719, and (c) 5,706.719 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 three 01/25/2024 grants of (a) 11,655, (b) 5,828, and (c) 5,828 performance units. (F5) 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. |
| 16 | Derivative | Performance Stock Unit (SIP) | 2024-01-25 | A | A | 5,828 | $0.00 | 5,828 | D | — · — to — | 5,828 Common Stock | (F6) As of 01/29/2024, total performance units beneficially owned is 68,980.901. This total includes the three 01/27/2022 grants of (a) 11,420.978, (b) 5,711.024, and (c) 5,711.024 performance units, and the three 01/20/2023 grants of (a) 11,413.437, (b) 5,706.719, and (c) 5,706.719 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 three 01/25/2024 grants of (a) 11,655, (b) 5,828, and (c) 5,828 performance units. (F7) 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. |