PPL Corp — Director's Dealing 2014

May 9, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PPL Corp (PPL)
CIK: 0000922224
Period of Report: 2014-05-07

Reporting Person: DeCampli David G (President of a PPL Subsidiary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-05-07	Common Stock	M	20813	$28.20	Acquired	67914.779	Direct
2014-05-07	Common Stock	S	20813	$34.50	Disposed	47101.779	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-05-07	Employee Stock Options (Right to Buy)	$28.20	M	20813	Disposed	2022-01-25	Common Stock (20813)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	87.153	Indirect

Footnotes

F1: This Form 4 report reflects the exercise of 20,813 stock options and sale of underlying shares pursuant to a 10b5-1 plan, dated November 4, 2013.

F2: Total includes the reinvestment of dividends.

F3: Represents the exercise of 20,813 stock options from a total grant of 62,440 options. The remaining 20,814 options vest on January 26, 2015.