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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES 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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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 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 (Month/Day/Year) |
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) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Employee Stock Options (Right to Buy) | $ 29.51 | 01/24/2013 | A | 93,020 | (1) | 01/23/2023 | Common Stock | 93,020 | $ 0 | 272,820 | D | ||||
Stock Unit (SIP) | (2) | 01/24/2013 | A | 13,480 | (3) | (3) | Common Stock | 13,480 | $ 0 | 40,010 | D | ||||
Performance Stock Unit (SIP) | (4) | 01/24/2013 | A | 8,130 | (4) | (4) | Common Stock | 8,130 | $ 0 | 25,478.815 (5) | D | ||||
Performance Stock Unit (ICP) | (6) | 01/24/2013 | J(7) | 3,948.443 | (6) | (6) | Common Stock | 3,948.443 | $ 0 | 21,530.372 (5) | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Gabbard Robert D TWO NORTH NINTH STREET ALLENTOWN, PA 18101 |
President of a PPL subsidiary |
/s/Frederick C. Paine, as Attorney-In-Fact for Robert D. Gabbard | 01/28/2013 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | The options vest in three annual installments beginning on 01/24/2014. |
(2) | No 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. |
(3) | The units will vest on 01/24/2016. |
(4) | No conversion or exercise price or exercise or expiration date applies. Under the terms of the Stock Incentive Plan (SIP), all, some or none of the underlying securities will be earned depending on the Company's performance relative to an industry peer group over a three-year performance period ending 12/31/2015. |
(5) | Total includes the reinvestment of dividends. |
(6) | No conversion or exercise price or exercise or expiration date applies. |
(7) | Represents forfeiture of performance units granted in 2010 due to Company performance below minimum "total shareowner return" threshold at expiration of three-year performance period. |