RICHARD DANIEL D JR 4

4 · PG&E CORP · Filed Sep 14, 2004

Form 4

Period: 2004-09-13

SVP - Pub Policy & Gov Affairs

Transactions

Exercise/Conversion
Common Stock
2004-09-13$16.01/sh+13,233$211,860→ 35,079 total
Sale
Common Stock
[F1]
2004-09-13$29.30/sh−13,233$387,727→ 21,846 total
Exercise/Conversion
Stock Option (Right to Buy)
2004-09-13−13,233→ 13,233 total
Exercise: $16.01From: 2004-08-15Exp: 2011-08-16→ Common Stock (13,233 underlying)

Holdings

Footnotes (2)

[F1]Includes 2,406 Special Incentive Stock Ownership Premiums (SISOPs) (phantom stock) awarded pursuant to the PG&E Corporation Executive Stock Ownership Program. SISOPs vest three years after the date of grant subject to accelerated vesting upon certain events. Unvested SISOPs are subject to forfeiture if certain stock ownership targets are not met. Vested SISOPs are automatically payable in an equal number of shares following termination of employment.
[F2]Represents the approximate number of shares of PG&E Corporation common stock held for the reporting person in the PG&E Corporation Retirement Savings Plan (RSP). That fund holds units consisting of PG&E Corporation common stock and a small short-term investments component. The number of shares is computed by dividing the value of the units by the daily closing price. Dividends are automatically invested in additional units at the election of the participant. End of period holdings have been trued up to conform to RSP balance at September 13, 2004.

Signature

Eric Montizambert, Attorney-in-Fact for Daniel D. Richard, Jr. (signed Power of Attorney on file with SEC)|2004-09-14

Documents

1 file