SEC Form 4 · accession 0001127602-17-010861
PG&E Corp · PCG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John R Simon
Officer — EVP and General Counsel
Period of report
Mar 6, 2017
Accepted (ET)
Mar 8, 2017 · 4:57 pm EST
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 Stock | Mar 6, 2017 | S | 6,530 | $65.87 | D | 20,144 | I | Held by Simon Family Trust |
| Common StockF2 | holding | — | — | — | 2,428 | I | Held by Trustee of PG&E Corporation Retirement Savings Plan | |
| Common StockF3 | holding | — | — | — | 16,766 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Transaction pursuant to reporting person's Rule 10b5-1 instruction.
- F2Represents the approximate number of shares of PG&E Corporation common stock held for the reporting person in the PG&E Corporation Stock Fund of the PG&E Corporation Retirement Savings Plan (RSP). That fund holds units consisting of PG&E Corporation common stock and a small short-term investments component. The number of shares is computed by dividing the value of the units by the daily closing price. Dividends are automatically invested in additional units at the election of the participant. These holdings have been trued up to conform to the RSP balance as of 3/6/17.
- F3Includes 156.42 Special Incentive Stock Ownership Premiums (SISOPs) (phantom stock) awarded pursuant to the PG&E Corporation Executive Stock Ownership Program. SISOPs vest three years after the date of grant subject to accelerated vesting upon certain events. Unvested SISOPs are subject to forfeiture if certain stock ownership targets are not met. Vested SISOPs are automatically payable in an equal number of shares following termination of employment.