4//SEC Filing
PNC FINANCIAL SERVICES GROUP, INC. 4
Accession 0001209191-17-010590
$PNCCIK 0000713676operating
Filed
Feb 13, 7:00 PM ET
Accepted
Feb 14, 5:42 PM ET
Size
19.2 KB
Accession
0001209191-17-010590
Insider Transaction Report
Form 4
Esposito Orlando C.
Executive Vice President
Transactions
- Award
$5 Par Common Stock
2017-02-11+1,318→ 13,930 total - Tax Payment
$5 Par Common Stock
2017-02-11$123.10/sh−479$58,965→ 13,451 total - Award
$5 Par Common Stock
2017-02-13+1,048→ 14,499 total - Tax Payment
$5 Par Common Stock
2017-02-13$124.42/sh−356$44,294→ 14,143 total - Award
$5 Par Common Stock
2017-02-13+923→ 15,066 total - Tax Payment
$5 Par Common Stock
2017-02-13$124.49/sh−314$39,090→ 14,752 total
Footnotes (6)
- [F1]On February 11, 2017, 1,318 shares of PNC Common Stock vested following the approval of the Personnel and Compensation Committee of the PNC Board of Directors on January 26, 2017 of a payout of 125% based on performance against established criteria of previously granted performance based restricted share units to the reporting person. The grant was made on February 11, 2016 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% of target) or increased (up to 125% of target), based on PNC 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 11, 2017 and granted on February 11, 2016.
- [F3]On February 13, 2017, 1,048 shares of PNC Common Stock vested following the approval of the Personnel and Compensation Committee of the PNC Board of Directors on January 26, 2017 of a payout of 125% based on performance against established criteria of previously granted performance based restricted share units to the reporting person. The grant was made on February 13, 2015 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% of target) or increased (up to 125% of target), based on PNC total shareholder return for the prior fiscal year.
- [F4]Represents shares withheld to cover the reporting person's tax liability in connection with the performance based restricted share units awarded on February 13, 2017 and granted on February 13, 2015.
- [F5]On February 13, 2017, 923 shares of PNC Common Stock vested following the approval of the Personnel and Compensation Committee of the PNC Board of Directors on January 26, 2017 of a payout of 125% based on performance against established criteria of previously granted performance based restricted share units to the reporting person. The grant was made on February 13, 2014 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% of target) or increased (up to 125% of target), based on PNC total shareholder return for the prior fiscal year.
- [F6]Represents shares withheld to cover the reporting person's tax liability in connection with the performance based restricted share units awarded on February 13, 2017 and granted on February 13, 2014.
Issuer
PNC FINANCIAL SERVICES GROUP, INC.
CIK 0000713676
Entity typeoperating
IncorporatedPA
Related Parties
1- filerCIK 0000713676
Filing Metadata
- Form type
- 4
- Filed
- Feb 13, 7:00 PM ET
- Accepted
- Feb 14, 5:42 PM ET
- Size
- 19.2 KB