SHACK TIMOTHY G 4
4 · PNC FINANCIAL SERVICES GROUP INC · Filed Feb 11, 2010
Insider Transaction Report
Form 4
SHACK TIMOTHY G
Vice Chairman
Transactions
- Award
$5 Par Common Stock
2010-02-09+11,000→ 109,933 total
Footnotes (1)
- [F1]On January 4, 2007, the Personnel and Compensation Committee of the PNC Board of Directors granted an incentive performance unit opportunity to the reporting person. The grant was expressed as a "target" number of share units, and was adjusted for dividend equivalents over the three-year performance period. Subject to the Committee's discretion, the reporting person is eligible to receive shares of PNC common stock (if PNC meets specified performance criteria up to the target level) and/or cash (if the performance criteria exceeds the target level). PNC exceeded the target level performance criteria, which resulted in the vesting of 11,000 shares of PNC common stock.