form8k.htm
 
 
 
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  August 4, 2008

Commission File
Number
Registrant; State of Incorporation;
Address and Telephone Number
IRS Employer
Identification No.
     
1-11459
PPL Corporation
(Exact name of Registrant as specified in its charter)
(Pennsylvania)
Two North Ninth Street
Allentown, PA  18101-1179
(610) 774-5151
23-2758192
     
     

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]
  
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]
  
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]
  
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]
  
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Section 7 - Regulation FD
Item 7.01 Regulation FD Disclosure

James H. Miller, Chairman, President and Chief Executive Officer of PPL Corporation (“PPL”), has established a pre-arranged stock trading plan in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934 and PPL’s policies regarding stock transactions.  This trading plan covers (i) the exercise of 72,200 stock options granted to Mr. Miller in 2003 and the sale of the underlying shares; and (ii) the sale of the shares of PPL common stock he will receive, after withholding shares to cover payment of taxes, upon the vesting of 60,000 restricted stock units granted in 2001.  The plan is being established to permit Mr. Miller to diversify a portion of his holdings in excess of his stock ownership requirement under PPL’s Executive Equity Ownership Guidelines (currently five times annual base salary).

Certain other executive officers of PPL have or are expected to enter into trading plans to sell PPL common stock in accordance with Rule 10b5-1 and PPL’s policies regarding stock transactions, including PPL’s Executive Equity Ownership Guidelines.  Any sales of stock by Mr. Miller or other PPL executive officers under these plans will be reported in accordance with the applicable rules of the Securities and Exchange Commission.


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


 
PPL CORPORATION
       
 
By:
/s/ Paul A. Farr
  
   
Paul A. Farr
Executive Vice President and
Chief Financial Officer
  




Dated:  August 4, 2008