PPL Corp — Director's Dealing 2012

Dec 4, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PPL Corp (PPL)
CIK: 0000922224
Period of Report: 2012-12-01

Reporting Person: Staffieri Victor A (President of a PPL Subsidiary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-12-01	Common Stock	M	80940	$29.35	Acquired	80940	Direct
2012-12-01	Common Stock	F	36140	$29.35	Disposed	44800	Direct
2012-12-03	Common Stock	S	44800	$29.1389	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-12-01	Stock Unit (ICP)	$0.00	M	80940	Disposed		Common Stock (80940)	Direct

Footnotes

F1: 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).

F2: This Form 4 report reflects the vesting of previously awarded restricted stock units and the sale of those vested units pursuant to a 10b5-1 plan dated August 9, 2012.

F3: Represents the weighted average sales price for price increments from $29.01 to $29.41.

F4: 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.

F5: The units vested on December 1, 2012.