PPL Corp — Director's Dealing 2014

Feb 25, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PPL Corp (PPL)
CIK: 0000922224
Period of Report: 2014-02-21

Reporting Person: GREY ROBERT J (EVP, General Counsel & Sec.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-02-21	Common Stock	M	10800	$26.66	Acquired	11315	Direct
2014-02-21	Common Stock	S	10800	$32.009	Disposed	515	Direct
2014-02-24	Common Stock	M	55300	$26.66	Acquired	55815	Direct
2014-02-24	Common Stock	S	55300	$32.071	Disposed	515	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-02-21	Employee Stock Options (Right to Buy)	$26.66	M	10800	Disposed	2015-01-26	Common Stock (10800)	Direct
2014-02-24	Employee Stock Options (Right to Buy)	$26.66	M	55300	Disposed	2015-01-26	Common Stock (55300)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	391.043	Indirect

Footnotes

F1: This Form 4 report reflects the exercise of 66,100 stock options and sale of underlying shares pursuant to a 10b5-1 plan, November 25, 2013.

F2: Represents the weighted average sales price for price increments ranging from $32.000 to $32.040.

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: Represents the weighted average sales price for price increments ranging from $32.000 to $32.140.

F5: Total includes the reinvestment of dividends.

F6: The total grant of 66,100 options vested in three installments on January 27, 2006, January 27, 2007 and January 27, 2008.