SEC Form 4 · accession 0001209191-16-128774
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
Jun 16, 2016
Accepted (ET)
Jun 20, 2016 · 2:42 pm 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 | Jun 16, 2016 | M | 34,102 | $26.59 | A | 51,405 | D | |
| Common StockF2,F3 | Jun 16, 2016 | S | 34,102 | $38.84 | D | 17,303 | D | |
| Common StockF4 | holding | — | — | — | 72 | 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)F5 | $26.59 | Jun 16, 2016 | M | 34,102 | D | — | Jan 23, 2023 | Common Stock | 34,102 | 0 | D |
Explanation of responses
- F1This Form 4 report reflects the exercise of 34,102 stock options and sale of underlying shares pursuant to a 10b5-1 plan, dated April 29, 2016.
- F2The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.
- F3Represents the weighted average sales price for price increments ranging from $38.690 to $38.990.
- F4Total includes the reinvestment of dividends.
- F5Represents the exercise of 34,102 stock options that vested in three installments on January 24, 2014, January 24, 2015 and January 24, 2016.