PPL Corp — Director's Dealing 2015

Jan 22, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PPL Corp (PPL)
CIK: 0000922224
Period of Report: 2015-01-21

Reporting Person: Dudkin Gregory N (President of a PPL Subsidiary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-01-21	Common Stock	M	20820	$31.17	Acquired	20820	Direct
2015-01-21	Common Stock	S	20820	$35.99	Disposed	0	Direct
2015-01-21	Common Stock	M	34810	$25.74	Acquired	34810	Direct
2015-01-21	Common Stock	S	34810	$35.99	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-01-21	Employee Stock Options (Right to Buy)	$31.17	M	20820	Disposed	2020-01-20	Common Stock (20820)	Direct
2015-01-21	Employee Stock Options (Right to Buy)	$25.74	M	34810	Disposed	2021-01-26	Common Stock (34810)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	63.018	Indirect

Footnotes

F1: This Form 4 report reflects the exercise of 55,630 stock options and sale of underlying shares pursuant to a 10b5-1 plan, dated November 17, 2014.

F2: Total includes the reinvestment of dividends.

F3: Represents the exercise of 20,820 stock options from a total grant of 25,720 options. The other 4,900 stock options from this grant were exercised on January 5, 2015. The total grant of 25,720 stock options vested in three installments on January 21, 2011, January 21, 2012 and January 21, 2013.

F4: Represents the exercise of 34,810 stock options from a total grant of 43,110 options. The other 8,300 stock options from this grant were exercised on January 5, 2015. The total grant of 43,110 stock options vested in three equal installments on January 27, 2012, January 27, 2013 and January 27, 2014.