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PPL Corp — Director's Dealing 2013
Apr 24, 2013
30176_dirs_2013-04-24_9be3d79d-8163-4b2a-b69d-ba8c32f6bd45.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PPL Corp (PPL)
CIK: 0000922224
Period of Report: 2013-04-22
Reporting Person: Gabbard Robert D (President of a PPL subsidiary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-04-22 | Common Stock | M | 18477 | $25.74 | Acquired | 63600 | Direct |
| 2013-04-22 | Common Stock | M | 18400 | $28.20 | Acquired | 82000 | Direct |
| 2013-04-22 | Common Stock | S | 42000 | $32.4171 | Disposed | 40000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-04-22 | Employee Stock Options (Right to Buy) | $25.74 | M | 18477 | Disposed | Common Stock (18477) | Direct | |
| 2013-04-22 | Employee Stock Options (Right to Buy) | $28.20 | M | 18400 | Disposed | Common Stock (18400) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 73.921 | Indirect |
Footnotes
F1: This Form 4 report reflects the exercise of 36,877 stock options and sale of underlying shares and the sale of 5,123 previously vested restricted stock units pursuant to a 10b5-1 plan dated March 19, 2013.
F2: Represents the weighted average sales price for price increments from $32.34 to $32.58.
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 exercise of 18,477 stock options that vested on January 27, 2013 from a total grant of 55,430 options. There are 18,477 options remaining from the grant that vest on January 27, 2014 and expire on January 26, 2021.
F6: Represents the exercise of 18,400 stock options that vested on January 26, 2013 from a total grant of 55,200 options. There are 36,800 options remaining from the grant that vest in two equal installments on January 26, 2014 and January 26, 2015, and expire on January 25, 2022.