Armando Zagalo De Lima - 03 Jan 2022 Form 4 Insider Report for PPL Corp (PPL)

Role
Director
Signature
/s/ W. Eric Marr, as Attorney-In-Fact for Armando Zagalo de Lima
Issuer symbol
PPL
Transactions as of
03 Jan 2022
Transactions value $
$73,750
Form type
4
Date filed
04 Jan 2022, 15:35
Previous filing
05 Oct 2021
Next filing
04 Apr 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PPL Stock Unit (DDCP) Award $73.8K +2.45K +3.34% $30.14 75.8K 03 Jan 2022 Common Stock 2.45K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 No conversion or exercise price applies as, under the terms of the Directors Deferred Compensation Plan (DDCP), payout of the underlying securities will occur following a director's retirement.
F2 Payout of the underlying securities occurs as noted above in Note 1.
F3 Total includes the reinvestment of dividends.