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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
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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*

DESTEFANO    John         J.
________________________________
         
(Last)                (First)         (Middle)

1201 Walnut
________________________________
                         
(Street)

Kansas City,                  MO       64106
________________________________
             
(City                        (State)        (Zip)

2. Issuer Name and Ticker or Trading Symbol

Great Plains Energy Incorporated (GXP)

4. Statement for
    Month/Day/
    Year


09-06-2002

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


___ Director                                                                 ___ 10% Owner
 

  X   Officer (give title below)                                        ___ Other (specify below)
President-Great Plains Power Incorporated (a wholly-owned subsidiary of Great Plains Energy Incorporated)

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)

09-06-02

09-09-2002

P

 

11

A

$19.7389

8,667

I

401-k

Common Stock

             

98

D

 
                     
                     
                     
                     
                     
                     
  1. Shares acquired through participation in the Company's 401-k Plan.

 


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

Stock Options (Right to Buy)(2)

                       

17,000

D

 

Performance Shares(3)

                       

5,000

D

 

Dividend Rights(4)

 

(4)

(4)

A

     

(4)

(4)

Common Stock

   

2,249

I

(4)

                               
                               
                               
                               
                               
                               
                               
 

Explanation of Responses:

(2) Options were granted in tandem with stock appreciation rights exercisable automatically in the event of a change in control as defined by the Long-Term Incentive Plan under which they are granted. Options may be exercised with cash or previously-owned shares of Common Stock.

(3) Award of Performance Shares under the Long-Term Incentive Plan. Payment to which Grantee shall be entitled at the end of 2004 upon the performance of certain goals will be equal to the Fair Market Value of the number of shares of the Company's Common Stock equal to the number of Performance Shares earned. Payment will be made in Common Stock unless deemed otherwise.

(4) Dividends accrue on options granted prior to 2001 as if reinvested in Common Stock at the fair market value on each quarterly dividend date. Optionee is not entitled to these dividends payable in shares of Common Stock unless the options are exercised and the fair market value of the Common Stock is equal to or more than the option price on the exercise date.

Executed on behalf of John J. DeStefano by Mark G. English, Attorney-in-Fact (see Attached Exhibit A)

       
   

/s/John J. DeStefano by Mark G. English

 

September 10, 2002

 

   

**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.

Power of Attorney for S3 [conf/merged]

Exhibit A

POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS:

     That the undersigned, an officer of Great Plains Power Incorporated, a Missouri corporation, does hereby constitute and appoint Bernard J. Beaudoin, Jeanie S. Latz or Mark G. English, his/her true and lawful attorney and agent, with full power and authority to execute in the name and on behalf of the undersigned officer a Report on Form 4 or Form 5 and all amendments thereto; hereby granting unto such attorney and agent full power of substitution and revocation in the premises; and hereby ratifying and confirming all that such attorney and agent may do or cause to be done by virtue of these presents.

IN WITNESS WHEREOF, I have hereunto set my hand and seal this 10th day of September 2002.

/s/John J. DeStefano

Signature

Name Printed: John J. DeStefano

STATE OF MISSOURI

)

)  ss

COUNTY OF JACKSON

)

On this 10th day of September 2002 before me the undersigned, a Notary Public, personally appeared John J. DeStefano, to be known to be the person described in and who executed the foregoing instrument, and who, being by me first duly sworn, acknowledged that he/she executed the same as his/her free act and deed.

IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed my official seal the day and year last above written.

/s/Jacquetta L. Hartman

Notary Public

Ray County, Missouri

My Commission Expires:

April 8, 2004