SEC Form 4 · accession 0001209191-15-045827
Talen Energy Corp · TLN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
May 20, 2015
Accepted (ET)
May 22, 2015 · 11:12 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001622536
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | May 20, 2015 | J | 1 | $0.00 | D | 0 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1As of the date of this report, PPL Corporation has announced its intention to spinoff Talen Energy Corporation (the "Issuer"). The record date for the distribution in connection with such spinoff transaction was May 20, 2015. The spinoff transaction is expected to occur on June 1, 2015.
- F2This share is held by Talen Energy Holdings, Inc., the sole shareholder of the Issuer. Talen Energy Holdings, Inc. is a wholly-owned subsidiary of PPL Corporation. The reported disposition represents 100% of the equity holdings of the Reporting Persons in the Issuer on the record date.