4//SEC Filing
SMITH GORDON R 4
Accession 0001004980-05-000037
CIK 0001004980other
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 5:00 PM ET
Size
24.1 KB
Accession
0001004980-05-000037
Insider Transaction Report
Form 4
PG&E CORPPCG
SMITH GORDON R
Senior Vice President
Transactions
- Sale
Common Stock
2005-01-03$33.24/sh−3,800$126,312→ 57,406 total(indirect: By Trust) - Award
Stock Option (Right to Buy)
2005-01-03+69,550→ 69,550 totalExercise: $33.02Exp: 2015-01-04→ Common Stock (69,550 underlying) - Sale
Common Stock
2005-01-03$33.26/sh−515$17,129→ 61,506 total(indirect: By Trust) - Disposition to Issuer
Common Stock
2005-01-03−3,229→ 48,704 total(indirect: By Trust) - Sale
Common Stock
2005-01-03$33.32/sh−3,900$129,948→ 66,421 total(indirect: By Trust) - Sale
Common Stock
2005-01-03$33.27/sh−2,400$79,848→ 62,021 total(indirect: By Trust) - Award
Common Stock
2005-01-03+16,030→ 28,420 total - Sale
Common Stock
2005-01-03$33.30/sh−1,100$36,630→ 65,321 total(indirect: By Trust) - Sale
Common Stock
2005-01-03$33.28/sh−900$29,952→ 64,421 total(indirect: By Trust) - Sale
Common Stock
2005-01-03$33.25/sh−300$9,975→ 61,206 total(indirect: By Trust) - Sale
Common Stock
2005-01-03$33.15/sh−5,473$181,430→ 51,933 total(indirect: By Trust)
Holdings
- 27,485.01(indirect: By Trust)
Common Stock
Footnotes (7)
- [F1]Restricted shares granted under the PG&E Corporation Long-Term Incentive Program.
- [F2]Includes 8,506 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.
- [F3]The reporting person disclaims beneficial ownership of 3,884 shares included in this total. This report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any purchase.
- [F4]Transaction pursuant to reporting person's Rule 10b5-1 instruction.
- [F5]Forfeiture of a portion of 2003 restricted stock award pursuant to terms of reporting person's 2003 Restricted Stock Award Agreement.
- [F6]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.
- [F7]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 0001188507
Filing Metadata
- Form type
- 4
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 5:00 PM ET
- Size
- 24.1 KB