0001209191-15-007010.txt : 20150128 0001209191-15-007010.hdr.sgml : 20150128 20150128154123 ACCESSION NUMBER: 0001209191-15-007010 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20150126 FILED AS OF DATE: 20150128 DATE AS OF CHANGE: 20150128 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: PPL Corp CENTRAL INDEX KEY: 0000922224 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 232758192 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: TWO N NINTH ST CITY: ALLENTOWN STATE: PA ZIP: 18101-1179 BUSINESS PHONE: 610-774-5151 MAIL ADDRESS: STREET 1: TWO N NINTH ST CITY: ALLENTOWN STATE: PA ZIP: 18101-1179 FORMER COMPANY: FORMER CONFORMED NAME: PPL CORP DATE OF NAME CHANGE: 20000214 FORMER COMPANY: FORMER CONFORMED NAME: PP&L RESOURCES INC DATE OF NAME CHANGE: 19941123 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Staffieri Victor A CENTRAL INDEX KEY: 0001504298 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11459 FILM NUMBER: 15554773 MAIL ADDRESS: STREET 1: TWO NORTH NINTH STREET CITY: ALLENTOWN STATE: PA ZIP: 18101 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2015-01-26 0 0000922224 PPL Corp PPL 0001504298 Staffieri Victor A TWO NORTH NINTH STREET ALLENTOWN PA 18101 0 1 0 0 President of a PPL Subsidiary Common Stock 2015-01-26 4 M 0 36790 35.71 A 36790 D Common Stock 2015-01-26 4 F 0 14461 35.71 D 22329 D Common Stock 2015-01-26 4 M 0 73360 29.51 A 95689 D Common Stock 2015-01-26 4 M 0 45350 28.20 A 141039 D Common Stock 2015-01-26 4 S 0 118710 35.514 D 22329 D Common Stock 2015-01-27 4 S 0 22329 35.721 D 0 D Common Stock 2015-01-27 4 M 0 13921 35.70 A 13921 D Common Stock 2015-01-27 4 F 0 6982 35.70 D 6939 D Stock Unit (ICP) 0.00 2015-01-26 4 M 0 36790 0.00 D Common Stock 36790 0 D Employee Stock Options (Right to Buy) 29.51 2015-01-26 4 M 0 73360 0.00 D 2023-01-23 Common Stock 73360 73360 D Employee Stock Options (Right to Buy) 28.20 2015-01-26 4 M 0 45350 0.00 D 2022-01-25 Common Stock 45350 0 D Performance Stock Unit (ICP) 0.00 2015-01-27 4 M 0 13921 0.00 D Common Stock 13921 0 D Shares withheld by the Company at the request of the executive officer to pay taxes due following expiration of the applicable restriction period, under the terms of the Incentive Compensation Plan (ICP). Represents the exercise of 118,710 stock options and sale of underlying shares pursuant to a 10b5-1 plan, dated February 25, 2014. Represents the weighted average sales price for price increments ranging from $35.330 to $35.645. The 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. Represents the sale of 22,329 shares of common stock pursuant to a 10b5-1 plan, dated February 25, 2014. Represents the weighted average sales price for price increments ranging from $35.510 to $35.855. The units vested on 01/26/2015. Represents the exercise of 73,360 stock options from a total grant of 220,080 stock options. 73,360 stock options from this grant were exercised on April 14, 2014. The remaining 73,360 stock options vest on January 24, 2016. Represents the exercise of 45,350 stock options from a total grant of 136,050 stock options. The total grant of options vested in three installments on January 26, 2013, January 26, 2014 and January 26, 2015. No conversion or exercise price or exercise or expiration date applies. Under the terms of the Incentive Compensation Plan (ICP), the underlying securities were earned (60%) based on the Company's performance relative to an industry peer group over a three-year performance period ending 12/31/2014. Determination of the percentage of the award earned was made by the Compensation, Governance and Nominating Committee on 01/22/2015 and calculation of the underlying shares to be delivered, net of withholding, was completed on 01/27/2015. /s/Frederick C. Paine, as Attorney-In-Fact for Victor A. Staffieri 2015-01-28