PNC FINANCIAL SERVICES GROUP, INC. 4
4 · PNC FINANCIAL SERVICES GROUP, INC. · Filed Mar 11, 2014
Insider Transaction Report
Form 4
Chamberlain E. Todd
Executive Vice President
Transactions
- Award
$5 Par Common Stock
2014-03-08+749→ 26,379 total - Tax Payment
$5 Par Common Stock
2014-03-08$83.85/sh−243$20,376→ 26,136 total
Footnotes (2)
- [F1]On March 8, 2014, 749 shares of PNC common stock vested based on performance against established criteria of previously granted performance based restricted share units to the reporting person. The grant was made in the first quarter of 2013 and expressed as a number of share units, with payout contingent on achievement of related risk performance criteria. The share units pay out, if at all, in shares of PNC Common Stock, with any accrued dividend equivalents being paid out in cash. Prior to vesting, the number of share units and related dividend equivalents are subject to reduction based on risk performance criteria.
- [F2]Represents shares withheld to cover the reporting person's tax liability in connection with the performance based restricted share units awarded on March 8, 2014 and granted in the first quarter of 2013.