Vincent Sorgi - 27 Jan 2022 Form 4/A - Amendment Insider Report for PPL Corp (PPL)

Role
President and CEO
Signature
/s/ W. Eric Marr, as Attorney-In-Fact for Vincent Sorgi
Issuer symbol
PPL
Transactions as of
27 Jan 2022
Net transactions value
$0
Form type
4/A - Amendment
Filing time
11 Feb 2022, 15:22:06 UTC
Date Of Original Report
31 Jan 2022
Previous filing
26 Jan 2022
Next filing
23 Feb 2022
SEC
View on sec.gov

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 Performance Stock Unit (SIP) Other $0 -22,830 -100% $0.000000* 0 27 Jan 2022 Common Stock 22,830 Direct F1, F2, F3, F4
* 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 or exercise or expiration date applies.
F2 This amended Form 4 restates the number of performance units forfeited on 01/27/2022 to reflect the additional forfeiture of the 07/01/2019 grant of 2,459.064 performance units. 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 2019 will be paid out at 0%.
F3 Total includes the reinvestment of dividends.
F4 As of 02/11/2022, total performance units beneficially owned is 416,624.557. This total includes the 01/24/2019 grant of 20,371.183 performance units, the 07/01/2021 grant of 2,459.064 performance units, the 01/23/2020 grants of 20,833.974 and 20,833.974 performance units, the 06/01/2020 grants of 27,039.228 and 27,039.228 performance units, and the 01/21/2021 grants of 73,476.453 and 73,476.453 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 01/27/2022 grants of (a) 75,547, (b) 37,774, and (c) 37,774 performance units.