SEC Form 4 · accession 0001209191-15-054052

PPL Corp · PPL

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

William H Spence

Officer — Chairman, President and CEO

Period of report

Jun 15, 2015

Accepted (ET)

Jun 17, 2015 · 8:09 am EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000922224

Table I — non-derivative securities

No Table I lines on this filing.

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)^F2	$26.59	Jun 15, 2015	J	76,968	A	—	Jan 23, 2023	Common Stock	76,968	776,968	D
Employee Stock Options (Right to Buy)^F3	$25.41	Jun 15, 2015	J	42,601	A	—	Jan 25, 2022	Common Stock	42,601	430,041	D
Employee Stock Options (Right to Buy)^F4	$42.84	Jun 15, 2015	J	7,669	A	—	Jan 23, 2018	Common Stock	7,669	77,419	D
Employee Stock Options (Right to Buy)^F5	$31.65	Jun 15, 2015	J	12,504	A	—	Jan 24, 2017	Common Stock	12,504	126,224	D
Employee Stock Options (Right to Buy)^F6	$25.24	Jun 15, 2015	J	1,024	A	—	Jul 21, 2021	Common Stock	1,024	10,344	D
Employee Stock Options (Right to Buy)^F7	$23.20	Jun 15, 2015	J	6,285	A	—	Jan 26, 2021	Common Stock	6,285	63,445	D

Explanation of responses

F1Reflects adjustment to previously granted stock options of the exercise price and number of options granted in respect of the June 1, 2015 spinoff of Talen Energy Corporation.
F2Additional options granted vest on the same schedule as the previously granted options for which the spinoff adjustment has been made. 517,978 options from the total outstanding options have vested. The remaining 258,990 options vest on January 24, 2016.
F3Additional options granted vest on the same schedule as the previously granted options for which the spinoff adjustment has been made. The total options previously granted vested in three annual installments on January 26, 2013, January 26, 2014 and January 26, 2015.
F4Additional options granted vest on the same schedule as the previously granted options for which the spinoff adjustment has been made. The total options previously granted vested in three annual installments on January 24, 2009, January 24, 2010 and January 24, 2011.
F5Additional options granted vest on the same schedule as the previously granted options for which the spinoff adjustment has been made. The total options previously granted vested in three annual installments on January 25, 2008, January 25, 2009 and January 25, 2010.
F6Additional options granted vest on the same schedule as the previously granted options for which the spinoff adjustment has been made. The total options previously granted vested in three annual installments on July 22, 2012, July 22, 2013 and July 22, 2014.
F7Additional options granted vest on the same schedule as the previously granted options for which the spinoff adjustment has been made. The total options previously granted vested in three annual installments on January 27, 2012, January 27, 2013 and January 27, 2014.