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): July 1, 2002
PPL Corporation
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(Exact Name of Registrant as Specified in Its Charter)
Pennsylvania 1-11459 23-2758192
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(State or other jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
Two North Ninth Street, Allentown, Pennsylvania 18101-1179
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(Address of principal executive office)
Registrant's Telephone Number, including Area Code: (610) 774-5151
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ITEM 9. REGULATION FD DISCLOSURE
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PURCHASES OF EQUITY SECURITIES BY EXECUTIVE OFFICERS
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On July 1, 2002, the top four executive officers of PPL Corporation ("PPL")
and the presidents of its principal operating subsidiaries purchased an
aggregate of 13,730 shares, or $448,500, of PPL's common stock through the
optional cash payment feature of PPL's dividend reinvestment plan ("DRIP"). The
DRIP is open to every record shareowner of PPL and permits shareowners to invest
optional cash payments monthly.
The details of each purchase are provided in the table below. These
purchases will also be reported by each listed officer on a Form 4 in accordance
with Section 16 of the Securities Exchange Act of 1934.
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NUMBER OF PER SHARE AGGREGATE
NAME AND TITLE OF DATE OF SHARES PURCHASE VALUE OF METHOD OF
EXECUTIVE OFFICER PURCHASE PURCHASED PRICE PURCHASE PURCHASE
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William F. Hecht 7/1/02 7,347.315 $32.665 $240,000 Optional cash
Chairman, President payment feature
and Chief Executive of DRIP
Officer
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John R. Biggar 7/1/02 2,081.739 $32.665 $68,000 Optional cash
Executive Vice payment feature
President and Chief of DRIP
Financial Officer
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Lawrence E. De Simone 7/1/02 1,989.897 $32.665 $65,000 Optional cash
Executive Vice payment feature
President-Supply of DRIP
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Robert J. Grey 7/1/02 229.604 $32.665 $7,500 Optional cash
Senior Vice President, payment feature
General Counsel and of DRIP
Secretary
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Michael E. Bray 7/1/02 765.345 $32.665 $25,000 Optional cash
President - PPL payment feature
Electric Utilities of DRIP
Corporation
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Paul T. Champagne 7/1/02 765.345 $32.665 $25,000 Optional cash
President - PPL payment feature
EnergyPlus, LLC of DRIP
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James H. Miller 7/1/02 459.207 $32.665 $15,000 Optional cash
President - PPL payment feature
Generation, LLC of DRIP
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Roger L. Petersen 7/1/02 91.841 $32.665 $3,000 Optional cash
President - PPL payment feature
Global, LLC of DRIP
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SIGNATURE
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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/ John R. Biggar
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John R. Biggar
Executive Vice President and
Chief Financial Officer
Dated: July 3, 2002