Filing Details

Accession Number:
0001209191-20-010468
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-02-19 15:23:30
Reporting Period:
2020-02-14
Accepted Time:
2020-02-19 15:23:30
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 2020-02-14 12,801 $35.37 40,639 No 4 M Direct
Common Stock Disposition 2020-02-14 4,014 $35.37 36,625 No 4 F Direct
Common Stock Acquisiton 2020-02-14 17,801 $35.37 54,426 No 4 M Direct
Common Stock Disposition 2020-02-14 6,928 $35.37 47,498 No 4 F Direct
Common Stock Disposition 2020-02-18 10,872 $35.64 36,626 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
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 Acquisiton 2020-02-14 6,401 $0.00 6,401 $0.00
Common Stock Performance Stock Unit (SIP) Disposition 2020-02-14 12,801 $0.00 12,801 $0.00
Common Stock Stock Unit (SIP) Disposition 2020-02-14 17,801 $0.00 17,801 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
12,801 No 4 A Direct
0 No 4 M Direct
0 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 86 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 10,872 shares of common stock pursuant to a 10b5-1 plan, dated August 26, 2019.
  3. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.
  4. Represents the weighted average sales price for price increments ranging from $35.275 to $35.90.
  5. Total includes the reinvestment of dividends.
  6. 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 12/31/2019. Determination of the percentage of the award earned was made by the Compensation Committee on 01/23/2020 and calculation of the underlying shares to be delivered, net of withholding, was completed on 02/14/2020.
  7. As of 02/19/2020, total performance units beneficially owned is 79,980.554. This total includes the 01/25/2018 grants of 13,546.834 and 13,546.834 performance units, the 01/24/2019 grants of 14,524.443 and 14,524.443 performance units, and the 01/23/2020 grants of 11,919 and 11,919 performance units, plus in the case of the 01/25/2018 and 01/24/2019 grants, 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.
  8. The units vested on 02/14/2020.
  9. As of 02/19/2020, total restricted stock units beneficially owned is 19,995.639. This total includes the 01/25/2018 grant of 6,773.417 restricted stock units, the 01/24/2019 grant of 7,262.222 restricted stock units, and the 01/23/2020 grant of 5,960 restricted stock units, plus in the case of the 01/25/2018 and 01/24/2019 grants, 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.