Van Wyk Steven C. 4
4 · PNC FINANCIAL SERVICES GROUP, INC. · Filed Feb 19, 2020
Insider Transaction Report
Form 4
Van Wyk Steven C.
Executive Vice President
Transactions
- Award
$5 Par Common Stock
2020-02-15$154.13/sh+1,585$244,296→ 32,337 total - Award
$5 Par Common Stock
2020-02-16$154.13/sh+1,945$299,783→ 33,599 total - Tax Payment
$5 Par Common Stock
2020-02-16$154.13/sh−885$136,405→ 32,714 total - Tax Payment
$5 Par Common Stock
2020-02-15$154.13/sh−683$105,271→ 31,654 total
Footnotes (4)
- [F1]On February 15, 2020, 1,585 shares of The PNC Financial Services Group, Inc. ("PNC") common stock vested pursuant to an award of restricted stock units granted to the reporting person on February 15, 2018 (the "2018 RSUs"), following approval by the Personnel and Compensation Committee (the "Committee") of a payout of 100% based on the satisfaction of the reporting person's service requirements and achievement against the risk-based performance criteria established under the award. Pursuant to the award, the 2018 RSUs pay out in shares of PNC common stock, and any accrued dividend equivalents are paid out in cash.
- [F2]Represents shares withheld to cover the reporting person's tax liability in connection with the vesting of the 2018 RSUs.
- [F3]On February 16, 2020, 1,945 shares of PNC common stock vested pursuant to an award of performance-based restricted share units granted to the reporting person on February 16, 2017 (the "2017 PRSUs"), following approval by the Committee of a payout of 125.00% based on achievement against performance criteria established under the award. Pursuant to the award, the 2017 PRSUs pay out in shares of PNC common stock, and any accrued dividend equivalents are paid out in cash.
- [F4]Represents shares withheld to cover the reporting person's tax liability in connection with the vesting of the 2017 PRSUs.