SEC Form 4 · accession 0001209191-15-087049
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
Dec 23, 2015
Accepted (ET)
Dec 28, 2015 · 12:28 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 | Dec 23, 2015 | M | 47,972 | $25.41 | A | 58,030 | D | |
| Common Stock | Dec 23, 2015 | S | 47,972 | $34.00 | D | 10,058 | D | |
| Common Stock | Dec 23, 2015 | M | 5,383 | $25.74 | A | 15,441 | D | |
| Common Stock | Dec 23, 2015 | S | 5,383 | $34.00 | D | 10,058 | D | |
| Common Stock | Dec 23, 2015 | M | 68,202 | $26.59 | A | 78,260 | D | |
| Common Stock | Dec 23, 2015 | S | 68,202 | $34.00 | D | 10,058 | D | |
| Common StockF2 | holding | — | — | — | 70 | 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 | $25.41 | Dec 23, 2015 | M | 47,972 | D | — | Jan 25, 2022 | Common Stock | 47,972 | 0 | D |
| Employee Stock Options (Right to Buy)F4 | $25.74 | Dec 23, 2015 | M | 5,383 | D | — | Mar 4, 2022 | Common Stock | 5,383 | 0 | D |
| Employee Stock Options (Right to Buy)F5 | $26.59 | Dec 23, 2015 | M | 68,202 | D | — | Jan 23, 2023 | Common Stock | 68,202 | 34,102 | D |
Explanation of responses
- F1This Form 4 report reflects the exercise of 121,557 stock options and sale of underlying shares pursuant to a 10b5-1 plan, dated November 5, 2015.
- F2Total includes the reinvestment of dividends.
- F3Represents the exercise of 47,972 stock options that vested in three installments on January 26, 2013, January 26, 2014 and January 26, 2015.
- F4Represents the exercise of 5,383 stock options that vested in three installments on March 5, 2013, March 5, 2014 and March 5, 2015.
- F5Represents the exercise of 68,202 stock options from a total grant of 102,304 options. The remaining 34,102 options vest on January 24, 2016.