SEC Form 4 · accession 0001209191-16-128781

PPL Corp · PPL

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

Reporting owner

Officer — Chairman, President and CEO

Period of report

Jun 16, 2016

Accepted (ET)

Jun 20, 2016 · 3:32 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^F2	Jun 16, 2016	M	126,224	$31.65	A	186,611	D
Common Stock^F3,F4,F2	Jun 16, 2016	S	156,224	$38.787	D	30,387	D
Common Stock^F2	holding	—	—		—	120	I	Held in trust pursuant to the Employee Stock Ownership Plan.
Common Stock	holding	—	—		—	12,824	I	Held in trust for benefit of Mr. Spence's wife.

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	$31.65	Jun 16, 2016	M	126,224	D	—	Jan 24, 2017	Common Stock	126,224	0	D

F1This Form 4 report reflects the exercise of 126,224 stock options and sale of underlying shares, and the sale of previously vested restricted stock units and performance units pursuant to a 10b5-1 plan, dated April 29, 2016.
F2Total includes the reinvestment of dividends.
F3The 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.
F4Represents the weighted average sales price for price increments ranging from $38.611 to $39.010.
F5Represents the exercise of 126,224 stock options that vested in three installments on January 25, 2008, January 25, 2009 and January 25, 2010.