4//SEC Filing
PNC FINANCIAL SERVICES GROUP, INC. 4
Accession 0001209191-15-011945
$PNCCIK 0000713676operating
Filed
Feb 10, 7:00 PM ET
Accepted
Feb 11, 4:11 PM ET
Size
13.1 KB
Accession
0001209191-15-011945
Insider Transaction Report
Form 4
Hall Neil F
Executive Vice President
Transactions
- Award
$5 Par Common Stock
2015-02-09+1,298→ 31,584 total - Tax Payment
$5 Par Common Stock
2015-02-09$89.84/sh−409$36,747→ 31,175 total - Award
$5 Par Common Stock
2015-02-09+1,641→ 32,816 total - Tax Payment
$5 Par Common Stock
2015-02-09$89.84/sh−517$46,450→ 32,299 total
Holdings
- 7,109(indirect: By 401(k))
$5 Par Common Stock
Footnotes (4)
- [F1]On February 9, 2015, 1,298 shares of PNC Common Stock vested following the approval of the Personnel and Compensation Committee of the PNC Board of Directors on January 28, 2015 of a payout of 120.32% based on performance against established criteria of previously granted performance based restricted share units to the reporting person. The grant was made on February 9, 2011 and was expressed as a "target" number of share units, with payout contingent on PNC having achieved related 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. Subject to the Committee's discretion, the target number of share units may be reduced (down to 75% target) or increased (up to 125% of target), based on PNC's total shareholder return for the prior fiscal year.
- [F2]Represents shares withheld to cover the reporting person's tax liability in connection with the performance based restricted share units awarded on February 9, 2015 and granted on February 9, 2011.
- [F3]On February 9, 2015, 1,641 shares of PNC Common Stock vested following the approval of the Personnel and Compensation Committee of the PNC Board of Directors on January 28, 2015 of a payout of 120.32% based on performance against established criteria of previously granted performance based restricted share units to the reporting person. The grant was made on February 9, 2011 and was expressed as a "target" number of share units, with payout contingent on PNC having achieved related 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. Subject to the Committee's discretion, the target number of share units may be reduced (down to 75% target) or increased (up to 125% of target), based on PNC's total shareholder return for the prior fiscal year.
- [F4]The amount of securities beneficially owned represents the number of shares of common stock indirectly held for the account of the reporting person under The PNC Financial Services Group, Inc. ("PNC") Incentive Savings Plan (the "ISP"). Shares of PNC common stock are not directly allocated to ISP participants, but instead are held in a unitized fund, approximately 98% of which consists of PNC common stock, and the remainder of which is invested in a money market fund. The percentage of assets in the unitized fund investment option that are deemed to be invested in PNC common stock may vary from time to time.
Documents
Issuer
PNC FINANCIAL SERVICES GROUP, INC.
CIK 0000713676
Entity typeoperating
IncorporatedPA
Related Parties
1- filerCIK 0000713676
Filing Metadata
- Form type
- 4
- Filed
- Feb 10, 7:00 PM ET
- Accepted
- Feb 11, 4:11 PM ET
- Size
- 13.1 KB