Lyons Michael P. 4
4 · PNC FINANCIAL SERVICES GROUP, INC. · Filed Feb 21, 2023
Insider Transaction Report
Form 4
Lyons Michael P.
Executive Vice President
Transactions
- Award
$5 Par Common Stock
2023-02-16$158.30/sh+23,345$3,695,514→ 206,254 total - Tax Payment
$5 Par Common Stock
2023-02-16$158.30/sh−10,620$1,681,146→ 195,634 total
Footnotes (2)
- [F1]On February 16, 2023, 23,345 shares of The PNC Financial Services Group, Inc. ("PNC") common stock vested pursuant to an award of performance share units granted to the reporting person on February 13, 2020 (the "2020 PSUs"), following approval by the Human Resources Committee (the "Committee") of a payout of 111.91% based on achievement against performance criteria established under the award. Pursuant to the award, the 2020 PSUs 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 2020 PSUs.