PPL Corp — Director's Dealing 2013

Apr 24, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PPL Corp (PPL)
CIK: 0000922224
Period of Report: 2013-04-22

Reporting Person: SPENCE WILLIAM H (Chairman, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-04-22	Common Stock	M	114320	$25.74	Acquired	132482.226	Direct
2013-04-22	Common Stock	S	126655	$32.4335	Disposed	5827.226	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	114320	Disposed		Common Stock (114320)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	97.367	Indirect
Common Stock	12824	Indirect

Footnotes

F1: This Form 4 report reflects the exercise of 114,320 stock options and sale of underlying shares and the sale of 12,335 previously vested restricted stock units pursuant to a 10b5-1 plan dated March 19, 2013.

F2: Total includes the reinvestment of dividends.

F3: Represents the weighted average sales price for price increments ranging from $32.33 to $32.58.

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: Represents the exercise of 114,320 stocks options from a total grant of 171,480 options. There are 57,160 options remaining from the grant that vest on January 27, 2014 and expire on January 26, 2021.