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PPL Corp — Director's Dealing 2014
Jun 12, 2014
30176_dirs_2014-06-12_52a1df77-1e77-4547-8840-159a69625d77.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: 2014-06-11
Reporting Person: HEYDT STUART (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-06-11 | Stock Unit (DDCP) | $ | I | 16013.246 | Acquired | Common Stock (16013.246) | Direct |
Footnotes
F1: No conversion or exercise price applies as, under the terms of the Directors Deferred Compensation Plan (DDCP), payout of the underlying securities will occur following a director's retirement.
F2: Represents conversion under the DDCP of deferred compensation, held in a discretionary investment account in the form of cash equivalents deemed invested in certain mutual funds, to cash equivalent amounts deemed invested in shares of the Company's Common Stock.
F3: Payout of the underlying securities occurs as noted above in Note 1.
F4: Total includes stock units held in both the DDCP and Accrued Retirement Benefit Account. Total also includes the reinvestment of dividends in these plans.