PPL Corp — Director's Dealing 2014

Apr 1, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PPL Corp (PPL)
CIK: 0000922224
Period of Report: 2014-03-28

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-03-28	Common Stock	M	3773	$25.74	Acquired	50870.302	Direct
2014-03-28	Common Stock	S	3773	$32.99	Disposed	47097.302	Direct
2014-03-31	Common Stock	M	16700	$25.74	Acquired	63797.302	Direct
2014-03-31	Common Stock	S	16700	$33.023	Disposed	47097.302	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-03-28	Employee Stock Options (Right to Buy)	$25.74	M	3773	Disposed	2021-01-26	Common Stock (3773)	Direct
2014-03-31	Employee Stock Options (Right to Buy)	$25.74	M	16700	Disposed	2021-01-26	Common Stock (16700)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	86.177	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 weighted average sales price for price increments ranging from $32.990 to $32.995.

F4: 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.

F5: Represents the weighted average sales price for price increments ranging from $32.990 to $33.112.

F6: 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.