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PPL Corp Director's Dealing 2013

Mar 6, 2013

30176_dirs_2013-03-06_7d20aac3-7991-416b-b39c-dcf7f38c2710.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: 2013-03-04

Reporting Person: Gabbard Robert D (President of a PPL subsidiary)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2013-03-04 Common Stock M 18476 $25.74 Acquired 73857 Direct
2013-03-04 Common Stock S 28734 $31.003 Disposed 45123 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2013-03-04 Employee Stock Options (Right to Buy) $25.74 M 18476 Disposed Common Stock (18476) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 73.063 Indirect

Footnotes

F1: This Form 4 report reflects the exercise of 18,476 stock options and sale of underlying shares and the sale of 10,258 previously vested restricted stock units pursuant to a 10b5-1 plan dated November 27, 2012.

F2: Represents the weighted average sales price for price increments from $31.00 to $31.010.

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 18,476 stock options that vested on January 27, 2012 from a total grant of 55,430 options. There are 36,954 options remaining from the grant which expire on January 26, 2021. 18,477 options vested on January 27, 2013 and the remaining 18,477 options vest on January 27, 2014.