Lyons Michael P. 4
4 · PNC FINANCIAL SERVICES GROUP, INC. · Filed Feb 21, 2024
Insider Transaction Report
Form 4
Lyons Michael P.
Executive Vice President
Transactions
- Award
$5 Par Common Stock
2024-02-16$148.85/sh+21,965$3,269,490→ 217,581 total - Tax Payment
$5 Par Common Stock
2024-02-16$148.85/sh−2,093$311,543→ 210,095 total - Award
$5 Par Common Stock
2024-02-16$148.85/sh+4,599$684,561→ 212,188 total - Tax Payment
$5 Par Common Stock
2024-02-16$148.85/sh−9,992$1,487,309→ 207,589 total
Footnotes (4)
- [F1]On February 16, 2024, 21,965 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 11, 2021 (the "2021 PSUs"), following approval by the Human Resources Committee (the "Committee") of a payout of 105.56% based on achievement against performance criteria established under the award. Pursuant to the award, the 2021 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 2021 PSUs.
- [F3]On February 16, 2024, 4,599 shares of PNC common stock vested pursuant to an award of restricted stock units granted to the reporting person on February 16, 2023 (the "2023 RSUs"), following approval by 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 2023 RSUs 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 2023 RSUs.