PNC FINANCIAL SERVICES GROUP, INC. 4
4 · PNC FINANCIAL SERVICES GROUP, INC. · Filed Apr 27, 2017
Insider Transaction Report
Form 4
PEPPER JANE G
Director
Transactions
- Award
Phantom Stock Unit
2017-04-25$121.11/sh+1,197$144,969→ 1,197 total→ $5 Par Common Stock (1,197 underlying)
Holdings
- 24,548(indirect: Deferred Stock Unit Plan)
Phantom Stock Unit
→ $5 Par Common Stock (24,548 underlying) - 6,814(indirect: Deferred Compensation Plan)
Phantom Stock Unit
→ $5 Par Common Stock (6,814 underlying)
Footnotes (2)
- [F1]Deferred stock unit ("DSU") granted pursuant to The PNC Financial Services Group, Inc. ("PNC") Directors Deferred Stock Unit Program (the "Program") under PNC's 2016 Incentive Award Plan. Each DSU represents the right to receive at retirement a share of PNC Common Stock (a "Share") or in limited circumstances cash equal to the fair market value of one Share on the payment determination date, pursuant to the terms of the Program.
- [F2]One phantom stock unit is the economic equivalent of one share of The PNC Financial Services Group, Inc. ("PNC") Common Stock. Phantom stock units will be settled in cash upon distribution to the reporting person and generally do not expire.