ABEL JAMES E 4

4 · PPL Corp · Filed Jan 31, 2011

Form 4

Period: 2011-01-27

VP-Finance & Treasurer

Transactions

Award
Performance Stock Unit (ICP)
2011-01-27+3,230→ 9,786.372 total
→ Common Stock (3,230 underlying)
Other
Performance Stock Unit (ICP)
2011-01-27−1,376.814→ 8,409.558 total
→ Common Stock (1,376.814 underlying)
Award
Employee Stock Options (Right to Buy)
2011-01-27+41,180→ 157,490 total
Exercise: $25.74Exp: 2021-01-26→ Common Stock (41,180 underlying)
Award
Stock Unit (ICP)
2011-01-27+7,230→ 15,020 total
→ Common Stock (7,230 underlying)

Footnotes (7)

[F1]The options vest in three annual installments beginning on 01/27/2012.
[F2]No conversion or exercise price applies. Under the terms of the Incentive Compensation Plan (ICP), a restricted stock unit converts to a share of common stock on the applicable vesting date.
[F3]The units will vest on 01/27/2014.
[F4]No conversion or exercise price or exercise or expiration date applies. Under the terms of the Incentive Compensation Plan (ICP), all, some or none of the underlying securities will be earned depending on the Company's performance relative to an industry peer group over a three-year performance period ending 12/31/2013.
[F5]Total includes reinvestment of dividends.
[F6]No conversion or exercise price or exercise or expiration date applies.
[F7]Represents forfeiture of performance units granted in 2008 due to Company performance below minimum "total shareowner return" threshold at expiration of three-year performance period.

Documents

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