4//SEC Filing
JOHNSON WILLIAM D 4
Accession 0001127602-20-007778
CIK 0001004980other
Filed
Feb 24, 7:00 PM ET
Accepted
Feb 25, 7:39 PM ET
Size
15.9 KB
Accession
0001127602-20-007778
Insider Transaction Report
Form 4
PG&E CorpPCG
JOHNSON WILLIAM D
CEO and President
Transactions
- Award
Stock Option (Right to Buy)
2020-02-21+363,022→ 363,022 totalExercise: $50.00Exp: 2024-08-14→ Common Stock (363,022 underlying) - Tax Payment
Common Stock
2020-02-21$17.92/sh−39,346$705,080→ 88,307 total - Award
Common Stock
2020-02-21+96,240→ 127,653 total - Award
Stock Option (Right to Buy)
2020-02-21+272,266→ 272,266 totalExercise: $25.00Exp: 2023-08-14→ Common Stock (272,266 underlying) - Award
Stock Option (Right to Buy)
2020-02-21+340,333→ 340,333 totalExercise: $40.00Exp: 2023-08-14→ Common Stock (340,333 underlying)
Holdings
- 1,022.4(indirect: By Trust)
Common Stock
Footnotes (5)
- [F1]Vested performance shares granted under the PG&E Corporation 2014 Long-Term Incentive Plan for the performance cycle ended 12/31/2019. Performance shares are payable in shares of PG&E Corporation common stock on a one-for-one basis. These performance shares were awarded in accordance with equity incentive compensation arrangements disclosed in Form 8-Ks dated 4/10/2019 and 6/14/2019.
- [F2]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 2/21/20.
- [F3]On August 14, 2019, the reporting person was granted an option to purchase 800,000 shares of common stock. The option vests in three equal installments and the number of options that the reporting person is entitled to exercise is based on the Compensation Committee's certification of the extent to which certain performance goals have been met for each of the fiscal years ending December 31, 2019, 2020, and 2021. These performance-based option awards were made in accordance with equity incentive compensation arrangements disclosed in Form 8-Ks dated 4/10/2019 and 6/14/2019.
- [F4]On August 14, 2019, the reporting person was granted an option to purchase 1,000,000 shares of common stock. The option vests in three equal installments and the number of options that the reporting person is entitled to exercise is based on the Compensation Committee's certification of the extent to which certain performance goals have been met for each of the fiscal years ending December 31, 2019, 2020, and 2021. These performance-based option awards were made in accordance with equity incentive compensation arrangements disclosed in Form 8-Ks dated 4/10/2019 and 6/14/2019.
- [F5]On August 14, 2019, the reporting person was granted an option to purchase 1,066,667 shares of common stock. The option vests in three equal installments and the number of options that the reporting person is entitled to exercise is based on the Compensation Committee's certification of the extent to which certain performance goals have been met for each of the fiscal years ending December 31, 2019, 2020, and 2021. These performance-based option awards were made in accordance with equity incentive compensation arrangements disclosed in Form 8-Ks dated 4/10/2019 and 6/14/2019.
Documents
Issuer
PG&E Corp
CIK 0001004980
Entity typeother
Related Parties
1- filerCIK 0001183048
Filing Metadata
- Form type
- 4
- Filed
- Feb 24, 7:00 PM ET
- Accepted
- Feb 25, 7:39 PM ET
- Size
- 15.9 KB