SEC Form 4 · accession 0001127602-16-053828
PG&E Corp · PCG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Barbara L Rambo
Director
Period of report
May 26, 2016
Accepted (ET)
May 27, 2016 · 6:56 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001004980
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | May 26, 2016 | A | 2,357 | $0.00 | A | 27,993 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Restricted Stock Units (RSUs) granted under the PG&E Corporation 2014 Long-Term Incentive Plan (LTIP). RSUs are payable in shares of PG&E Corporation common stock on a one-for-one basis. As described in the LTIP, RSUs vest upon the earliest of one year from the date of grant, the last day of a director's elected term, or a director's death, disability, or termination following a change in control.
- F2This total includes 1,392.19 units of phantom stock granted under the PG&E Corporation Non-Employee Director Stock Incentive Plan (SIP), and reflects the acquisition of 11.91 units of phantom stock on 7/15/15, 11.43 units of phantom stock on 10/15/15, 11.88 units of phantom stock on 1/15/16, and 10.60 units of phantom stock on 4/15/16, pursuant to a dividend reinvestment feature of the SIP. This total also reflects the acquisition of 78.96 RSUs on 7/15/15, 75.79 RSUs on 10/15/15, 78.73 RSUs on 1/15/16, and 70.29 RSUs on 4/15/16 pursuant to a dividend reinvestment feature of the LTIP. The phantom stock units and the RSUs are automatically payable in shares of PG&E Corporation common stock only.