Form 4 for PPL PPL Corporation
Accepted 2023-01-24 00:00:00 ET · period of report 2023-01-20 · accession 0001209191-23-004678 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-01-24 | 2023-01-23 | PPL | Sorgi Vincent | Pres, CEO | F - Tax | $29.32 | -3,289 | 118.9K | -3% | -$96.4K |
| D | 2023-01-24 | 2023-01-23 | PPL | Sorgi Vincent | Pres, CEO | M - OptEx | $29.32 | +10.7K | 122.2K | +10% | +$315.1K |
| DM | 2023-01-24 | 2023-01-20 | PPL | Sorgi Vincent | Pres, CEO | A - Grant | $0.00 | +205.0K | 82.0K | New | $0 |
| D | 2023-01-24 | 2023-01-23 | PPL | Sorgi Vincent | Pres, CEO | M - OptEx | $0.00 | -10.7K | 0 | -100% | $0 |
| DM | 2023-01-24 | 2023-01-20 | PPL | Sorgi Vincent | Pres, CEO | J - Other | $0.00 | -49.4K | 0 | -100% | $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 | 2023-01-23 | F | D | 3,289 | $29.32 | 118,920.47 | D | — | — | |
| 2 | Common | Common Stock | 2023-01-23 | M | A | 10,747.27 | $29.32 | 122,209.47 | D | — | — | |
| 3 | Derivative | Stock Unit (SIP) | 2023-01-20 | A | A | 40,996 | $0.00 | 40,996 | D | — · — to — | 40,996 Common Stock | (F5) As of 01/24/2023, total restricted stock units beneficially owned is 131,818.383. This total includes the 06/01/2020 grant of 13,947.692 restricted stock units, the 01/21/2021 grant of 37,903.039 restricted stock units, and the 01/27/2022 grant of 38,971.652 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 01/20/2023 grant of 40,996 restricted stock units. (F3) 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. (F4) The units will vest on 01/20/2026. |
| 4 | Derivative | Stock Unit (SIP) | 2023-01-23 | M | D | 10,747.27 | $0.00 | 0 | D | $0.00 · — to — | 10,747.27 Common Stock | (F2) Total includes the reinvestment of dividends. (F12) The units vested on 01/23/2023. |
| 5 | Derivative | Performance Stock Unit (SIP) | 2023-01-20 | J | D | 27,896.53 | $0.00 | 0 | D | — · — to — | 27,896.53 Common Stock | (F2) Total includes the reinvestment of dividends. (F10) No conversion or exercise price or exercise or expiration date applies. |
| 6 | Derivative | Performance Stock Unit (SIP) | 2023-01-20 | J | D | 21,494.53 | $0.00 | 0 | D | — · — to — | 21,494.53 Common Stock | (F2) Total includes the reinvestment of dividends. (F7) As of 01/24/2023, total performance units beneficially owned is 520,872.787. This total includes the 01/23/2020 grant of 21,494.53 performance units, the 06/01/2020 grant of 27,896.526 performance units, the 01/21/2021 grants of 75,806.077 and 75,806.077 performance units, and the three 01/27/2023 grants of (a) 77,942.273, (b) 38,971.652, and (c) 38,971.652 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 01/20/2023 grants of (a) 81,992, (b) 40,996, and (c) 40,996 performance units. (F10) No conversion or exercise price or exercise or expiration date applies. |
| 7 | Derivative | Performance Stock Unit (SIP) | 2023-01-20 | A | A | 40,996 | $0.00 | 40,996 | D | — · — to — | 40,996 Common Stock | (F7) As of 01/24/2023, total performance units beneficially owned is 520,872.787. This total includes the 01/23/2020 grant of 21,494.53 performance units, the 06/01/2020 grant of 27,896.526 performance units, the 01/21/2021 grants of 75,806.077 and 75,806.077 performance units, and the three 01/27/2023 grants of (a) 77,942.273, (b) 38,971.652, and (c) 38,971.652 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 01/20/2023 grants of (a) 81,992, (b) 40,996, and (c) 40,996 performance units. (F9) 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 12/31/2025. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation Committee in January 2026. |
| 8 | Derivative | Performance Stock Unit (SIP) | 2023-01-20 | A | A | 40,996 | $0.00 | 40,996 | D | — · — to — | 40,996 Common Stock | (F7) As of 01/24/2023, total performance units beneficially owned is 520,872.787. This total includes the 01/23/2020 grant of 21,494.53 performance units, the 06/01/2020 grant of 27,896.526 performance units, the 01/21/2021 grants of 75,806.077 and 75,806.077 performance units, and the three 01/27/2023 grants of (a) 77,942.273, (b) 38,971.652, and (c) 38,971.652 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 01/20/2023 grants of (a) 81,992, (b) 40,996, and (c) 40,996 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 earnings growth over a three-year performance period ending 12/31/2025. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation Committee in January 2026. |
| 9 | Derivative | Performance Stock Unit (SIP) | 2023-01-20 | A | A | 81,992 | $0.00 | 81,992 | D | — · — to — | 81,992 Common Stock | (F7) As of 01/24/2023, total performance units beneficially owned is 520,872.787. This total includes the 01/23/2020 grant of 21,494.53 performance units, the 06/01/2020 grant of 27,896.526 performance units, the 01/21/2021 grants of 75,806.077 and 75,806.077 performance units, and the three 01/27/2023 grants of (a) 77,942.273, (b) 38,971.652, and (c) 38,971.652 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 01/20/2023 grants of (a) 81,992, (b) 40,996, and (c) 40,996 performance units. (F6) 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 12/31/2025. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation Committee in January 2026. |