Sec Form 4 Filing - Sorgi Vincent @ PPL Corp - 2022-01-24

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Sorgi Vincent
2. Issuer Name and Ticker or Trading Symbol
PPL Corp [ PPL]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
President and CEO
(Last) (First) (Middle)
TWO NORTH NINTH STREET
3. Date of Earliest Transaction (MM/DD/YY)
01/24/2022
(Street)
ALLENTOWN, PA18101
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 01/24/2022 M 10,185.591 A $ 29.56 84,872.161 D
Common Stock 01/24/2022 F( 1 ) 3,099 D $ 29.56 81,773.161 D
Common Stock 01/24/2022 M( 2 ) 29,624 A $ 25.41 111,397.161 D
Common Stock 01/24/2022 S( 2 ) 29,624 D $ 29.55 81,773.161 D
Common Stock 156.086( 3 ) I Held in trust pursuant to the Employee Stock Ownership Plan.
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Unit (SIP) $ 0 01/24/2022 M 10,185.591( 3 ) ( 4 ) ( 4 ) Common Stock 10,185.591( 3 ) $ 0 0 D
Employee Stock Options (Right to Buy) $ 25.41 01/24/2022 M( 2 ) 29,624 ( 5 ) 01/25/2022 Common Stock 29,624 $ 0 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Sorgi Vincent
TWO NORTH NINTH STREET
ALLENTOWN, PA18101
President and CEO
Signatures
/s/ W. Eric Marr, as Attorney-In-Fact for Vincent Sorgi 01/26/2022
Signature of Reporting Person Date
Explanation of Responses:
( 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 )This Form 4 report reflects the exercise of 29,624 stock options and sale of underlying shares pursuant to a 10b5-1 plan, dated 09/02/2020.
( 3 )Total includes the reinvestment of dividends.
( 4 )The units vested on 01/24/2022.
( 5 )Represents the exercise of 29,624 stock options that vested in three equal annual installments beginning on 01/26/2013.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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