PPL Corp — Director's Dealing 2014

Jun 11, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PPL Corp (PPL)
CIK: 0000922224
Period of Report: 2014-06-10

Reporting Person: Sorgi Vincent (Sr. Vice President and CFO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-06-10	Performance Stock Unit (SIP)	$	A	4310	Acquired		Common Stock (4310)	Direct

Footnotes

F1: No conversion or exercise price or exercise or expiration date applies. Under the terms of the Stock Incentive Plan (SIP), all, some or none of the underlying securities will be earned depending on the Company's performance relative to an industry peer group over a three-year performance period ending December 31, 2016. Determination of number of underlying securities that have been earned, if any, will be made by the Compensation, Governance and Nominating Committee in January 2017.

F2: As of June 11, 2014, total performance units beneficially owned is 20,190.341. This total includes the January 26, 2012 grant of 3,950 performance units, the January 24, 2013 grant of 4,340 performance units and the January 23, 2014 grant of 6,790 performance units, plus in each case, the incremental addition of performance units credited to the original grant in amounts equal to dividend equivalents deemed earned on shares underlying such performance units, and the June 10, 2014 grant of 4,310 performance units.