PPL Corp — Director's Dealing 2012

Jul 30, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PPL Corp (PPL)
CIK: 0000922224
Period of Report: 2012-07-26

Reporting Person: Klingensmith Rick L (President of a PPL Subsidiary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-07-26	Common Stock	M	14680	$22.59	Acquired	49021	Direct
2012-07-26	Common Stock	S	34680	$28.802	Disposed	14341	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-07-26	Employee Stock Options (Right to Buy)	$22.59	M	14680	Disposed		Common Stock (14680)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	78.639	Indirect

Footnotes

F1: This Form 4 report reflects the exercise of 14,680 stock options and sale of underlying shares and the sale of 20,000 previously vested restricted stock units pursuant to a 10b5-1 plan dated June 21, 2012.

F2: Represents the weighted average sales price for price increments ranging from $28.74 to $28.86

F3: 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.

F4: Total includes the reinvestment of dividends.

F5: Represents the excercise of the remaining 14,680 options of a total grant of 22,020 options that vested in three equal installments on January 22, 2005, January 22, 2006 and January 22, 2007.