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4//SEC Filing

DARBEE PETER A 4

Accession 0001127602-10-007791

CIK 0001004980other

Filed

Mar 4, 7:00 PM ET

Accepted

Mar 5, 7:17 PM ET

Size

8.7 KB

Accession

0001127602-10-007791

Insider Transaction Report

Form 4
Period: 2010-03-04
DARBEE PETER A
DirectorChairman, President and CEO
Transactions
  • Sale

    Common Stock

    2010-03-04$42.33/sh32,155$1,361,121165,857.66 total
Holdings
  • Common Stock

    (indirect: By Trust)
    6,265
  • Common Stock

    (indirect: By Trust)
    1,791.62
Footnotes (5)
  • [F1]Transaction pursuant to reporting person's Rule 10b5-1 instruction.
  • [F2]The price reported on Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.13 to $42.46, 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 with the ranges.
  • [F3]Includes 12,517.27 Special Incentive Stock Ownership Premiums (SISOPs) (phantom stock) awarded pursuant to the PG&E Corporation Executive Stock Ownership Program and reflects 115.72 SISOPs acquired on 1/15/10 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.
  • [F4]Reflects the acquisition of 370.06 Restricted Stock Units (RSUs) on 1/15/10 upon the conversion of dividend equivalents received on that date. The RSUs are automatically payable in shares of stock only.
  • [F5]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 3/04/2010.

Issuer

PG&E CORP

CIK 0001004980

Entity typeother

Related Parties

1
  • filerCIK 0001188484

Filing Metadata

Form type
4
Filed
Mar 4, 7:00 PM ET
Accepted
Mar 5, 7:17 PM ET
Size
8.7 KB