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4//SEC Filing

DARBEE PETER A 4

Accession 0001127602-11-008879

CIK 0001004980other

Filed

Mar 2, 7:00 PM ET

Accepted

Mar 3, 8:27 PM ET

Size

9.5 KB

Accession

0001127602-11-008879

Insider Transaction Report

Form 4
Period: 2011-03-01
DARBEE PETER A
DirectorChairman, President and CEO
Transactions
  • Tax Payment

    Common Stock

    2011-03-01$46.42/sh4,662$216,410214,880.55 total
  • Award

    Common Stock

    2011-03-01+45,350260,230.55 total
Holdings
  • Common Stock

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

    (indirect: By Trust)
    2,011.92
Footnotes (4)
  • [F1]Restricted Stock Units (RSUs) 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.
  • [F2]Includes 13,030.60 Special Incentive Stock Ownership Premiums (SISOPs) (phantom stock) awarded pursuant to the PG&E Corporation Executive Stock Ownership Program, and reflects the acquisition of 133.07 SISOPs on 4/15/10, 132.26 SISOPs on 7/15/10, 124.01 SISOPs on 10/15/10, and 124.0 SISOPs on 1/18/11 pursuant to a dividend award feature of 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]Includes the acquisition of 425.53 RSUs on 4/15/10, 422.94 RSUs on 7/15/10, 396.56 RSUs on 10/15/11, and 396.52 RSUs on 1/18/11 upon the conversion of dividend equivalents received on those dates.
  • [F4]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 3/1/2011, and reflect the acquisition of approximately 16.76 shares on 10/15/10 and 16.72 shares on 1/18/11 due to dividend reinvestment.

Issuer

PG&E CORP

CIK 0001004980

Entity typeother

Related Parties

1
  • filerCIK 0001188484

Filing Metadata

Form type
4
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 8:27 PM ET
Size
9.5 KB