4//SEC Filing
Esposito Orlando C. 4
Accession 0001209191-18-009733
CIK 0000713676other
Filed
Feb 12, 7:00 PM ET
Accepted
Feb 13, 6:31 PM ET
Size
10.7 KB
Accession
0001209191-18-009733
Insider Transaction Report
Form 4
Esposito Orlando C.
Executive Vice President
Transactions
- Award
$5 Par Common Stock
2018-02-11+1,318→ 13,950 total - Tax Payment
$5 Par Common Stock
2018-02-11$151.71/sh−429$65,084→ 13,521 total
Footnotes (2)
- [F1]On February 11, 2018, 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 29, 2018 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, 2018 and granted on February 11, 2016.
Issuer
PNC FINANCIAL SERVICES GROUP, INC.
CIK 0000713676
Entity typeother
Related Parties
1- filerCIK 0001573704
Filing Metadata
- Form type
- 4
- Filed
- Feb 12, 7:00 PM ET
- Accepted
- Feb 13, 6:31 PM ET
- Size
- 10.7 KB