PPL Corp — Director's Dealing 2012

Jan 24, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PPL Corp (PPL)
CIK: 0000922224
Period of Report: 2012-01-21

Reporting Person: SPENCE WILLIAM H (President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-01-21	Common Stock	M	18670	$27.50	Acquired	20414.622	Direct
2012-01-21	Common Stock	F	5846	$27.50	Disposed	14568.622	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-01-21	Stock Unit (ICP)	$0.00	M	18670	Disposed		Common Stock (18670)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	61.505	Indirect

Footnotes

F1: Total includes the 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: The units vested on 01/21/2012.