PPL Corp — Director's Dealing 2019

Nov 4, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PPL Corp (PPL)
CIK: 0000922224
Period of Report: 2019-10-31

Reporting Person: SPENCE WILLIAM H (Chairman and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-10-31	Common Stock	M	134991	$26.59	Acquired	304718.801	Direct
2019-10-31	Common Stock	S	134991	$33.50	Disposed	169727.801	Direct
2019-11-01	Common Stock	M	253009	$26.59	Acquired	422736.801	Direct
2019-11-01	Common Stock	S	253009	$33.506	Disposed	169727.801	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-10-31	Employee Stock Options (Right to Buy)	$26.59	M	134991	Disposed	2023-01-23	Common Stock (134991)	Direct
2019-11-01	Employee Stock Options (Right to Buy)	$26.59	M	253009	Disposed	2023-01-23	Common Stock (253009)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	142.552	Indirect
Common Stock	12824	Indirect

Footnotes

F1: This Form 4 report reflects the exercise of 388,000 stock options and sale of underlying shares pursuant to a 10b5-1 plan, dated November 7, 2018.

F2: Total includes the reinvestment of dividends.

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 sale price for price increments ranging from $33.500 to $33.510.

F5: Represents the weighted average sale price for price increments ranging from $33.500 to $33.545.

F6: Represents the exercise of 388,000 stock options from a total grant of 776,968 stock options that vested in three equal annual installments beginning on January 24, 2014.