SEC Form 4 · accession 0001209191-15-054049
PPL Corp · PPL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark F Wilten
Officer — VP, Treas & Chief Risk Officer
Period of report
Jun 15, 2015
Accepted (ET)
Jun 17, 2015 · 8:00 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000922224
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Options (Right to Buy)F2 | $26.59 | Jun 15, 2015 | J | 3,023 | A | — | Jan 23, 2023 | Common Stock | 3,023 | 30,517 | D |
| Employee Stock Options (Right to Buy)F3 | $24.83 | Jun 15, 2015 | J | 558 | A | — | Jun 3, 2022 | Common Stock | 558 | 5,632 | D |
Explanation of responses
- F1Reflects adjustment to previously granted stock options of the exercise price and number of options granted in respect of the June 1, 2015 spinoff of Talen Energy Corporation.
- F2Additional options granted vest on the same schedule as the previously granted options for which the spinoff adjustment has been made. 15,258 options from the total outstanding options have vested. The remaining 15,259 options vest on January 24, 2016.
- F3Additional options granted vest on the same schedule as the previously granted options for which the spinoff adjustment has been made. The total options previously granted vested in three annual installments on June 4, 2013, June 4, 2014 and June 4, 2015.