SEC Form 4 · accession 0001209191-15-067450
PPL Corp · PPL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark F Wilten
Officer — VP, Treas & Chief Risk Officer
Period of report
Aug 20, 2015
Accepted (ET)
Aug 24, 2015 · 8:17 am EDT
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 | Aug 20, 2015 | S | 965 | $33.75 | D | 19 | D | |
| Common Stock | Aug 20, 2015 | M | 5,632 | $24.83 | A | 5,651 | D | |
| Common Stock | Aug 20, 2015 | S | 5,632 | $33.75 | D | 19 | D | |
| Common Stock | Aug 20, 2015 | M | 15,258 | $26.59 | A | 15,277 | D | |
| Common Stock | Aug 20, 2015 | S | 15,258 | $33.75 | D | 19 | D | |
| Common StockF2 | holding | — | — | — | 15 | 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 | $24.83 | Aug 20, 2015 | M | 5,632 | D | — | Jun 3, 2022 | Common Stock | 5,632 | 0 | D |
| Employee Stock Options (Right to Buy)F4 | $26.59 | Aug 20, 2015 | M | 15,258 | D | — | Jan 23, 2023 | Common Stock | 15,258 | 15,259 | D |
Explanation of responses
- F1This Form 4 report reflects the exercise of 20,890 options and sale of underlying shares, and the sale of previously vested performance units pursuant to a 10b5-1 plan, dated February 6, 2015.
- F2Total includes the reinvestment of dividends.
- F3Represents the exercise of 5,632 options from a total grant of 16,893 options. The 16,893 options vested in three annual installments on June 4, 2013, June 4, 2014 and June 4, 2015.
- F4Represents the exercise of 15,258 options from a total grant of 45,774 options. The 15,259 options that remain from the original grant vest on January 24, 2016.