SEC Form 4 · accession 0001209191-15-054054

PPL Corp · PPL

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

Reporting owner

Robert J Grey

Officer — EVP and Chief Legal Officer

Period of report

Jun 15, 2015

Accepted (ET)

Jun 17, 2015 · 8:21 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	12,683	A	—	Jan 23, 2023	Common Stock	12,683	128,033	D
Employee Stock Options (Right to Buy)^F3	$42.84	Jun 15, 2015	J	3,318	A	—	Jan 23, 2018	Common Stock	3,318	33,498	D
Employee Stock Options (Right to Buy)^F4	$31.65	Jun 15, 2015	J	6,192	A	—	Jan 24, 2017	Common Stock	6,192	62,512	D
Employee Stock Options (Right to Buy)^F5	$25.41	Jun 15, 2015	J	7,588	A	—	Jan 25, 2022	Common Stock	7,588	76,598	D
Employee Stock Options (Right to Buy)^F6	$23.20	Jun 15, 2015	J	7,610	A	—	Jan 26, 2021	Common Stock	7,610	76,820	D
Employee Stock Options (Right to Buy)^F7	$28.09	Jun 15, 2015	J	4,562	A	—	Jan 20, 2020	Common Stock	4,562	46,052	D
Employee Stock Options (Right to Buy)^F8	$28.77	Jun 15, 2015	J	4,972	A	—	Jan 21, 2019	Common Stock	4,972	50,192	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. 85,354 options from the total outstanding options have vested. The remaining 42,679 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 24, 2009, January 24, 2010 and January 24, 2011.
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 25, 2008, January 25, 2009 and January 25, 2010.
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 26, 2013, January 26, 2014 and January 26, 2015.
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 January 27, 2012, January 27, 2013 and January 27, 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 21, 2011, January 21, 2012 and January 21, 2013.
F8Additional 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 22, 2010, January 22, 2011 and January 22, 2012.