SEC Form 4 · accession 0001209191-15-005743
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 21, 2015
Accepted (ET)
Jan 22, 2015 · 2:48 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 21, 2015 | M | 20,820 | $31.17 | A | 20,820 | D | |
| Common Stock | Jan 21, 2015 | S | 20,820 | $35.99 | D | 0 | D | |
| Common Stock | Jan 21, 2015 | M | 34,810 | $25.74 | A | 34,810 | D | |
| Common Stock | Jan 21, 2015 | S | 34,810 | $35.99 | D | 0 | D | |
| Common StockF2 | 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)F3 | $31.17 | Jan 21, 2015 | M | 20,820 | D | — | Jan 20, 2020 | Common Stock | 20,820 | 0 | D |
| Employee Stock Options (Right to Buy)F4 | $25.74 | Jan 21, 2015 | M | 34,810 | D | — | Jan 26, 2021 | Common Stock | 34,810 | 0 | D |
Explanation of responses
- F1This 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.
- F2Total includes the reinvestment of dividends.
- F3Represents 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.
- F4Represents 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.