PPL Corp — Director's Dealing 2012

Jan 30, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PPL Corp (PPL)
CIK: 0000922224
Period of Report: 2012-01-26

Reporting Person: MILLER JAMES H (Director, Chairman)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-01-26	Stock Unit (ICP)	$	A	141520	Acquired		Common Stock (141520)	Direct
2012-01-26	Performance Stock Unit (ICP)	$	J	29064.494	Disposed		Common Stock (29064.494)	Direct

Footnotes

F1: No conversion or exercise price applies. Under the terms of the Incentive Compensation Plan (ICP), a restricted stock unit converts to a share of common stock on the applicable vesting date.

F2: The units will vest on 01/26/2015.

F3: No conversion or exercise price or exercise or expiration date applies.

F4: Represents forfeiture of performance units granted in 2009 due to Company performance below minimum "total shareowner return" threshold at expiration of three-year performance period.

F5: Total includes the reinvestment of dividends.