Filing Details

Accession Number:
0001209191-21-012727
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-02-22 16:40:45
Reporting Period:
2021-02-18
Accepted Time:
2021-02-22 16:40:45
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
922224 Ppl Corp PPL Electric Services (4911) 232758192
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1467343 N Gregory Dudkin Two North Ninth Street
Allentown PA 18101
President Of A Ppl Subsidiary No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2021-02-18 28,872 $27.77 65,499 No 4 M Direct
Common Stock Disposition 2021-02-18 9,083 $27.77 56,416 No 4 F Direct
Common Stock Disposition 2021-02-19 19,789 $27.78 36,627 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Performance Stock Unit (SIP) Disposition 2021-02-18 28,872 $0.00 28,872 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 92 Indirect Held in trust pursuant to the Employee Stock Ownership Plan.
Footnotes
  1. Shares 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).
  2. Represents the sale of 19,789 shares of common stock pursuant to a 10b5-1 plan, dated August 19, 2020.
  3. Total includes the reinvestment of dividends.
  4. No conversion or exercise price or exercise or expiration date applies. Under the terms of the Stock Incentive Plan (SIP), the underlying securities were earned (200%) based on the Company's return on equity over a three-year performance period ending 12/31/2020. Determination of the percentage of the award earned was made by the Compensation Committee on 01/21/2021 and calculation of the underlying shares to be delivered, net of withholding, was completed on 02/18/2021.
  5. As of 02/22/2021, total performance units beneficially owned is 88,831.608. This total includes the 01/24/2019 grants of 15,477.614 and 15,477.614 performance units, and the 01/23/2020 grants of 12,701.19 and 12,701.19 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 01/21/2021 grants of 16,237 and 16,237 performance units.