SEC Form 4 · accession 0001209191-18-005078
PPL Corp · PPL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William H Spence
Officer — Chairman, President and CEO
Period of report
Jan 22, 2018
Accepted (ET)
Jan 24, 2018 · 3:39 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000922224
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 22, 2018 | M | 103,922 | $31.49 | A | 106,215 | D | |
| Common StockF1 | Jan 22, 2018 | F | 40,760 | $31.49 | D | 65,455 | D | |
| Common StockF1 | holding | — | — | — | 129 | I | Held in trust pursuant to the Employee Stock Ownership Plan. | |
| Common Stock | holding | — | — | — | 12,824 | I | Held in trust for benefit of Mr. Spence's wife. | |
| Common StockF3 | holding | — | — | — | 28,262 | I | By Grantor Retained Annuity Trust |
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)F1,F4 | $0.00 | Jan 22, 2018 | M | 103,922 | D | — | — | Common Stock | 103,922 | 0 | D |
Explanation of responses
- F1Total includes the reinvestment of dividends.
- F2Shares withheld by the Company at the request of the executive officer to pay taxes due following expiration of the applicable restriction period, under the terms of the Stock Incentive Plan (SIP).
- F3Reflects a transfer by the Reporting Person of 28,261.987 shares into a grantor retained annuity trust on July 31, 2017.
- F4The units vested on January 22, 2018.