PPL Corp — Director's Dealing 2014

May 5, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PPL Corp (PPL)
CIK: 0000922224
Period of Report: 2014-05-01

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-05-01	Common Stock	M	20473	$25.74	Acquired	67574.779	Direct
2014-05-01	Common Stock	S	10500	$33.99	Disposed	57074.779	Direct
2014-05-01	Common Stock	S	4500	$34.00	Disposed	52574.779	Direct
2014-05-01	Common Stock	S	5473	$34.077	Disposed	47101.779	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-05-01	Employee Stock Options (Right to Buy)	$25.74	M	20473	Disposed	2021-01-26	Common Stock (20473)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	87.153	Indirect

Footnotes

F1: This Form 4 report reflects the exercise of 20,473 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 20,473 stock options from a total grant of 61,420 options. The 61,420 options vested in three installments of 20,473 options on January 27, 2012, 20,473 options on January 27, 2013 and 20,474 options on January 27, 2014.