4//SEC Filing
PG&E Corp 4
Accession 0001127602-15-010172
$PCGCIK 0001004980operating
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 6:47 PM ET
Size
8.8 KB
Accession
0001127602-15-010172
Insider Transaction Report
Form 4
PG&E CorpPCG
HARVEY KENT M
SVP & CFO
Transactions
- Award
Common Stock
2015-03-02+20,446→ 75,126.69 total - Tax Payment
Common Stock
2015-03-02$53.40/sh−11,296$603,206→ 63,830.69 total
Holdings
- 677.03(indirect: By Trust)
Common Stock
Footnotes (3)
- [F1]This amount includes 7,337 vested performance shares granted under the PG&E Corporation 2006 Long-Term Incentive Plan (LTIP) for the performance cycle ended 12/31/14 and 13,109 restricted stock units (RSUs) granted under the PG&E Corporation 2014 LTIP. Performance shares and RSUs are payable in shares of PG&E Corporation common stock on a one-for-one basis.
- [F2]Includes 3,707.16 SISOPs (phantom stock) awarded pursuant to the PG&E Corporation Executive Stock Ownership Program, and reflects the acquisition of 69.45 SISOPs on 4/15/14, 67.15 SISOPs on 7/15/14, 36.24 SISOPs on 10/15/14, and 29.05 SISOPs on 1/15/15 upon conversion of dividend equivalents received on those dates. In addition, on 9/22/14, the reporting person disposed of 3,404.32 SISOPs in a transaction exempted from Section 16. 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]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 at 3/2/15, and reflect the acquisition of 123.12 shares on 4/15/14, 119.55 shares on 7/15/14, 124.88 shares on 10/15/14, and 4.50 shares on 1/15/15 due to dividend reinvestment. In addition, on 11/21/14, the reporting person disposed of approximately 12,533 shares in a transaction exempted from Section 16.
Documents
Issuer
PG&E Corp
CIK 0001004980
Entity typeoperating
IncorporatedCA
Related Parties
1- filerCIK 0001004980
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 6:47 PM ET
- Size
- 8.8 KB