HESSE DANIEL 4
4 · PNC FINANCIAL SERVICES GROUP, INC. · Filed Oct 4, 2023
Insider Transaction Report
Form 4
HESSE DANIEL
Director
Transactions
- Award
Phantom Stock Unit
2023-10-02$120.02/sh+120$14,402→ 3,348 total(indirect: Deferred Compensation Plan)→ $5 Par Common Stock (120 underlying)
Holdings
- 1,926(indirect: Deferred Stock Unit Plan)
Phantom Stock Unit
→ $5 Par Common Stock (1,926 underlying) - 8,541
Deferred Stock Unit
→ $5 Par Common Stock (8,541 underlying)
Footnotes (5)
- [F1]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.
- [F2]Includes an aggregate of 37 phantom stock units acquired by the reporting person as dividend equivalents under the PNC Deferred Compensation Plan subsequent to the date of the reporting person's most recent filing on Form 4.
- [F3]Includes an aggregate of 22 phantom stock units acquired by the reporting person as dividend equivalents under the PNC Outside Directors Deferred Stock Unit Plan subsequent to the date of the reporting person's most recent filing on Form 4.
- [F4]Deferred stock unit ("DSU") granted pursuant to the PNC Directors Deferred Stock Unit Program (the "Program") under PNC's 2016 Incentive Award Plan. Each DSU represents the right to receive at retirement one share of PNC common stock, or in limited circumstances cash equal to the fair market value of one share of PNC common stock on the payment determination date, pursuant to the terms of the Program.
- [F5]Includes an aggregate of 95 DSUs acquired by the reporting person as dividend equivalents under the Program subsequent to the date of the reporting person's most recent filing on Form 4.