SEC Form 4 · accession 0001209191-17-013075
PPL Corp · PPL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph P Bergstein Jr.
Officer — VP-IR and Treasurer
Period of report
Feb 17, 2017
Accepted (ET)
Feb 22, 2017 · 1:12 pm EST
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Unit (SIP)F3,F1,F2 | — | Feb 17, 2017 | A | 3,169 | A | — | — | Common Stock | 3,169 | 3,169 | D |
Explanation of responses
- F1No 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.
- F2The units will vest on 02/17/2020.
- F3As of 02/22/2017, total restricted stock units beneficially owned is 12,230.194. This total includes the 03/01/2014 grant of 2,796 restricted stock units, 03/01/2015 grant of 2,377 restricted stock units, 01/21/2016 grant of 2,667.194 restricted stock units and the 01/26/2017 grant of 1,221 restricted stock units, plus in the case of the 01/21/2016 grant, 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 02/17/2017 grant of 3,169 restricted stock units.