Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of
1934, Section 17(a) of the Public Utility Holding Company Act of
1935 or Section 30(f) of the Investment Company Act of 194
0


    OMB APPROVAL
OMB Number: 3235-0287
Expires:  January 31, 2005

Estimated average burden
hours per response...0.5

( )

Check this box if no longer
subject to Section 16. Form 4 or
Form 5 obligations may continue.
See Instruction 1(b).

(Print or Type Responses)

1. Name and Address of Reporting Person*

ERNST,             Mark       A.
________________________________
         
(Last)                (First)         (Middle)

4400 Main Street
________________________________
                         
(Street)

Kansas City,            MO         64111
________________________________
             
(City                        (State)        (Zip)

2. Issuer Name and Ticker or Trading Symbol

Great Plains Energy Incorporated (GXP)

4. Statement for
    Month/Day/
    Year


01-21-2003

6. Relationship of Reporting Person(s) to Issuer
                  (Check all applicable)


 X  Director                                                                 ___ 10% Owner
 

     Officer (give title below)                                        ___ Other (specify below)

_______________________________________________________________

3. I.R.S. Identification Number of
    Reporting Person, if an entity
    (Voluntary)


5 If Amendment,
   Date of
   Original
   (Month/Day/
   Year


7. Individual or Joint/Group Filing (Check Applicable Line)

  X   Form filed by One Reporting Person

___ Form filed by More than One Reporting Person

Table I ¾ Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1. Title of Security
    (Instr. 3)

2. Transaction
    Date
    (Month/Day/
    Year)

2A. Deemed
      Execution
      Date
      (Month/
     Day/Year)

3. Transaction
    Code
    (Instr.8)

4. Securities Acquired (A)
    or Disposed of (D)
    (Instr. 3, 4 and 5)

5. Amount of Securities
    Beneficially Owned at
    End of Month
      (Instr. 3 and 4)

6. Ownership
    Form: Direct
    (D) or
    Indirect (I)
    (Instr. 4)

7. Nature of
    Indirect
    Beneficial
    Ownership
    (Instr. 4)

Code

V

Amount

 (A) or
 (D)

Price

Common Stock(1)

01-21-2003

01-23-2003

P

 

654

A

$22.948

 

D

 

Common Stock(2)

(2)

(2)

P

 

52

A

(2)

5,414

D

 
                     
                     
                     
                     
                     
                     
  1. Shares acquired with optional cash payment through participation in the Company's Dividend Reinvestment and Direct Stock Purchase Plan.
  2. Shares acquired at various times and prices from automatic reinvestment of quarterly dividends through participation in the Company's Dividend Reinvestment and Direct Stock Purchase Plan during 2002.

 


FORM 4 (continued)

Table II ` Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities

1. Title of
    Derivative
    Security
    (Instr. 3)

2. Conversion
    or Exercise
    Price of
    Derivative
    Security

3. Transaction
    Date
    (Month/Day/
    Year)

3A. Deemed
      Execution
      Date, if any
       (Month/
      Day/Year)

4. Transaction
    Code
    (Instr.8)

5. Number of
    Derivative
    Securities
    Acquired (A)
    or Disposed
    of (D)
    (Instr. 3, 4
    and 5)

6. Date Exercisable
   and Expiration Date
   (Month/Day/Year)

7. Title and Amount of
    Underlying Securities
    (Instr. 3 and 4)

8. Price of
    Derivative
    Security
    (Instr. 5)

9. Number of
    Derivative
    Securities
    Beneficially
    Owned at
    End of
    Month
    (Instr. 4)

10. Ownership
      Form of
      Derivative
      Securities
      Beneficially
      Owned at
      End of
      Month
      (Instr. 4)

11. Nature of
      Indirect
      Beneficial
      Ownership
      (Instr. 4)

 

Code

V

(A)

(D)

Date
Exercisable

Expiration
Date

Title

Amount or
Number of
Shares

                               
                               
                               
                               
                               
                               
                               
                               
                               
                               
 

Explanation of Responses:

 

 

 

 

 

 

Executed on behalf of Mark A. Ernst by Jeanie Sell Latz, Attorney-in-Fact (see Attached Exhibit A)

       
   

/s/Jeanie Sell Latz

 

January 24, 2003

 

   

**Signature of Reporting Person

Date

 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

*

If the form is filed by more than one reporting person, see Instruction 4(b)(v).

**

Intentional misstatements or omissions of facts constitute Federal Criminal Violations.

 

See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note:

File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.