4//SEC Filing
KING THOMAS B 4
Accession 0001004980-05-000035
CIK 0001004980other
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 4:59 PM ET
Size
18.9 KB
Accession
0001004980-05-000035
Insider Transaction Report
Form 4
PG&E CORPPCG
KING THOMAS B
EVP & Chief of Utility Ops.
Transactions
- Disposition to Issuer
Common Stock
2005-01-03−1,816→ 55,485.78 total - Sale
Common Stock
2005-01-03$33.23/sh−900$29,907→ 57,301.78 total - Sale
Common Stock
2005-01-03$33.21/sh−2,600$86,346→ 62,839.78 total - Sale
Common Stock
2005-01-03$33.20/sh−4,265$141,598→ 58,574.78 total - Sale
Common Stock
2005-01-03$33.25/sh−373$12,402→ 58,201.78 total - Award
Common Stock
2005-01-03+10,020→ 67,939.78 total - Sale
Common Stock
2005-01-03$33.22/sh−2,500$83,050→ 65,439.78 total - Award
Stock Option (Right to Buy)
2005-01-03+43,450→ 43,450 totalExercise: $33.02Exp: 2015-01-04→ Common Stock (43,450 underlying)
Holdings
- 2,874.43(indirect: By Trust)
Common Stock
Footnotes (6)
- [F1]Restricted shares granted under the PG&E Corporation Long-Term Incentive Program.
- [F2]Transaction pursuant to reporting person's Rule 10b5-1 instruction.
- [F3]Forfeiture of a portion of 2003 restricted stock award pursuant to terms of reporting person's 2003 Restricted Stock Award Agreement.
- [F4]Includes 9,486.78 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.
- [F5]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. Holdings have been trued up to conform to RSP balance at January 3, 2005.
- [F6]25% of the options may be exercised on the first anniversary date of the grant, 50% on or after the second anniversary, 75% on or after the third anniversary, and 100% on or after the fourth anniversary of the date of grant.
Documents
Issuer
PG&E CORP
CIK 0001004980
Entity typeother
Related Parties
1- filerCIK 0001188481
Filing Metadata
- Form type
- 4
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 4:59 PM ET
- Size
- 18.9 KB