PPL Corp — Director's Dealing 2010

Jan 27, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PPL CORP (PPL)
CIK: 0000922224
Period of Report: 2010-01-25

Reporting Person: SPENCE WILLIAM H (Executive VP and COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-01-25	Common Stock	M	40390	$30.63	Acquired	48579.68	Direct
2010-01-25	Common Stock	F	13344	$30.63	Disposed	35235.68	Direct
2010-01-26	Common Stock	S	200	$30.40	Disposed	35035.68	Direct
2010-01-26	Common Stock	S	200	$30.42	Disposed	34835.68	Direct
2010-01-26	Common Stock	S	400	$30.43	Disposed	34435.68	Direct
2010-01-26	Common Stock	S	800	$30.44	Disposed	33635.68	Direct
2010-01-26	Common Stock	S	500	$30.45	Disposed	33135.68	Direct
2010-01-26	Common Stock	S	900	$30.46	Disposed	32235.68	Direct
2010-01-26	Common Stock	S	200	$30.47	Disposed	32035.68	Direct
2010-01-26	Common Stock	S	400	$30.48	Disposed	31635.68	Direct
2010-01-26	Common Stock	S	100	$30.485	Disposed	31535.68	Direct
2010-01-26	Common Stock	S	500	$30.49	Disposed	31035.68	Direct
2010-01-26	Common Stock	S	200	$30.495	Disposed	30835.68	Direct
2010-01-26	Common Stock	S	1024	$30.50	Disposed	29811.68	Direct
2010-01-26	Common Stock	S	100	$30.505	Disposed	29711.68	Direct
2010-01-26	Common Stock	S	1700	$30.51	Disposed	28011.68	Direct
2010-01-26	Common Stock	S	100	$30.515	Disposed	27911.68	Direct
2010-01-26	Common Stock	S	1200	$30.52	Disposed	26711.68	Direct
2010-01-26	Common Stock	S	1400	$30.53	Disposed	25311.68	Direct
2010-01-26	Common Stock	S	700	$30.54	Disposed	24611.68	Direct
2010-01-26	Common Stock	S	200	$30.545	Disposed	24411.68	Direct
2010-01-26	Common Stock	S	691	$30.55	Disposed	23720.68	Direct
2010-01-26	Common Stock	S	800	$30.56	Disposed	22920.68	Direct
2010-01-26	Common Stock	S	900	$30.57	Disposed	22020.68	Direct
2010-01-26	Common Stock	S	200	$30.575	Disposed	21820.68	Direct
2010-01-26	Common Stock	S	2900	$30.58	Disposed	18920.68	Direct
2010-01-26	Common Stock	S	1900	$30.59	Disposed	17020.68	Direct
2010-01-26	Common Stock	S	785	$30.60	Disposed	16235.68	Direct
2010-01-26	Common Stock	S	300	$30.61	Disposed	15935.68	Direct
2010-01-26	Common Stock	S	500	$30.62	Disposed	15435.68	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-01-25	Stock Unit (ICP)	$0.00	M	40390	Disposed		Common Stock (40390)	Direct

Footnotes

F1: Total includes reinvestment of dividends.

F2: 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 Incentive Compensation Plan (ICP).

F3: This Form 4 is the first in a series of two Form 4 reports, filed on the same date, which relate to the sale of 20,000 shares of common stock pursuant to a 10b5-1 plan, dated December 7, 2009.

F4: The units vested on 01/25/2010.