SEC Form 4 · accession 0001209191-15-002712
PPL Corp · PPL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory N Dudkin
Officer — President of a PPL Subsidiary
Period of report
Jan 5, 2015
Accepted (ET)
Jan 7, 2015 · 12:40 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000922224
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 5, 2015 | M | 15,640 | $33.39 | A | 15,640 | D | |
| Common StockF2,F3 | Jan 5, 2015 | S | 15,640 | $35.639 | D | 0 | D | |
| Common Stock | Jan 5, 2015 | M | 4,900 | $31.17 | A | 4,900 | D | |
| Common StockF3,F4 | Jan 5, 2015 | S | 4,900 | $36.017 | D | 0 | D | |
| Common Stock | Jan 5, 2015 | M | 8,300 | $25.74 | A | 8,300 | D | |
| Common StockF3,F5 | Jan 5, 2015 | S | 8,300 | $36.021 | D | 0 | D | |
| Common StockF6 | holding | — | — | — | 63 | I | Held in trust pursuant to the Employee Stock Ownership Plan. |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Options (Right to Buy)F7 | $33.39 | Jan 5, 2015 | M | 15,640 | D | — | Jun 28, 2019 | Common Stock | 15,640 | 0 | D |
| Employee Stock Options (Right to Buy)F8 | $31.17 | Jan 5, 2015 | M | 4,900 | D | — | Jan 20, 2020 | Common Stock | 4,900 | 20,820 | D |
| Employee Stock Options (Right to Buy)F9 | $25.74 | Jan 5, 2015 | M | 8,300 | D | — | Jan 26, 2021 | Common Stock | 8,300 | 34,810 | D |
Explanation of responses
- F1This Form 4 report reflects the exercise of 28,840 stock options and sale of underlying shares pursuant to a 10b5-1 plan, dated November 17, 2014.
- F2Represents the weighted average sales price for price increments ranging from $35.280 to $36.190.
- F3The 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.
- F4Represents the weighted average sales price for price increments ranging from $35.990 to $36.150.
- F5Represents the weighted average sales price for price increments ranging from $35.990 to $36.290.
- F6Total includes the reinvestment of dividends.
- F7Represents the exercise of 15,640 stock options that vested in three installments on June 29, 2010, June 29, 2011 and June 29, 2012.
- F8Represents the exercise of 4,900 stock options from a total grant of 25,720 options. The 25,720 stock options vested in three installments on January 21, 2011, January 21, 2012 and January 21, 2013.
- F9Represents the exercise of 8,300 stock options from a total grant of 43,110 options. The 43,110 stock options vested in three equal installments on January 27, 2012, January 27, 2013 and January 27, 2014.