4//SEC Filing
DARBEE PETER A 4
Accession 0001127602-09-006440
CIK 0001004980other
Filed
Mar 8, 8:00 PM ET
Accepted
Mar 9, 7:09 PM ET
Size
15.4 KB
Accession
0001127602-09-006440
Insider Transaction Report
Form 4
PG&E CORPPCG
DARBEE PETER A
DirectorChairman, President and CEO
Transactions
- Exercise/Conversion
Common Stock
2009-03-05$33.02/sh+27,175$897,319→ 229,200.38 total - Award
Common Stock
2009-03-09+60,195→ 216,943.38 total - Sale
Common Stock
2009-03-05$36.45/sh−45,277$1,650,347→ 156,748.38 total - Sale
Common Stock
2009-03-05$36.45/sh−27,175$990,529→ 202,025.38 total - Exercise/Conversion
Stock Option (Right to Buy)
2009-03-05−27,175→ 0 totalExercise: $33.02From: 2009-01-03Exp: 2015-01-04→ Common Stock (27,175 underlying)
Holdings
- 6,265(indirect: By Trust)
Common Stock
- 1,597.87(indirect: By Trust)
Common Stock
Footnotes (6)
- [F1]Transaction pursuant to reporting person's Rule 10b5-1 instruction.
- [F2]Includes 12,011.70 Special Incentive Stock Ownership Premiums (SISOPs) (phantom stock) awarded pursuant to the PG&E Corporation Executive Stock Ownership Program and reflects 126.27 SISOPs acquired on 1/15/09 upon conversion of dividend equivalents received on that date. SISOPs vest three years after the date of grant subject to accelerated vesting upon certain events. Unvested SISOPs are subject to forteiture if certain stock ownership targets are not met. Vested SISOPs are automatically payable in an equal number of shares of PG&E Corporation common stock following termination of employment.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.05 to $36.89, inclusive. For all transactions reported in this form 4 utilizing a weighted average share price, the reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.08 to $36.92 inclusive.
- [F5]Restricted Stock Units granted under the PG&E Corporation 2006 Long-Term Incentive Plan (LTIP). Restricted Stock Units are payable in shares of PG&E Corporation common stock on a one-for-one basis.
- [F6]Represents the approximate number of shares of PG&E Corporation common stock held for the reporting person in the PG&E Corporation Stock Fund of 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. These holdings have been trued up to conform to the RSP balance as of 3/06/09.
Documents
Issuer
PG&E CORP
CIK 0001004980
Entity typeother
Related Parties
1- filerCIK 0001188484
Filing Metadata
- Form type
- 4
- Filed
- Mar 8, 8:00 PM ET
- Accepted
- Mar 9, 7:09 PM ET
- Size
- 15.4 KB