PNC FINANCIAL SERVICES GROUP, INC. 4
4 · PNC FINANCIAL SERVICES GROUP, INC. · Filed Jan 30, 2014
Insider Transaction Report
Form 4
GULLEY JOAN L
EVP & Chief HR Officer
Transactions
- Award
$5 Par Common Stock
2014-01-28+6,133→ 18,829 total - Tax Payment
$5 Par Common Stock
2014-01-28$81.14/sh−1,980$160,657→ 16,849 total
Footnotes (2)
- [F1]On January 28, 2014, 6,133 shares of PNC common stock vested after the Personnel and Compensation Committee approved a payout of 90.81% based on performance against established criteria of previously granted incentive performance units to the reporting person. The grant was made on February 9, 2011 and expressed as a target number of share units with an adjustment for phantom dividends over the January 1, 2011 to December 31, 2013 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).
- [F2]Represents shares withheld to cover the reporting person's tax liability in connection with the incentive performance unit opportunity awarded on January 28, 2014 and granted on February 9, 2011.