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PPL Corp — Director's Dealing 2014
Apr 16, 2014
30176_dirs_2014-04-16_1478e6ba-149b-47cf-b951-66791932537e.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: 2014-04-14
Reporting Person: Staffieri Victor A (President of a PPL Subsidiary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-04-14 | Common Stock | M | 73360 | $29.51 | Acquired | 73360 | Direct |
| 2014-04-14 | Common Stock | S | 73360 | $32.747 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-04-14 | Employee Stock Options (Right to Buy) | $29.51 | M | 73360 | Disposed | 2023-01-23 | Common Stock (73360) | Direct |
Footnotes
F1: This Form 4 report reflects the exercise of 73,360 stock options and sale of underlying shares pursuant to a 10b5-1 plan, dated February 25, 2014.
F2: Represents the weighted average sales price for price increments ranging from $32.600 to $32.885.
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 exercise of 73,360 stock options from a total grant of 220,080 options. The remaining 146,720 options vest in two installments of 73,360 options on January 24, 2015 and 73,360 options on January 24, 2016.