SEC Form 4 · accession 0001209191-15-002160
PNC FINANCIAL SERVICES GROUP, INC. · PNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William S Demchak
Officer — President/CEO
Period of report
Jan 2, 2015
Accepted (ET)
Jan 6, 2015 · 4:10 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000713676
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitF3,F1,F2 | — | Jan 2, 2015 | I | 3,119 | D | — | — | $5 Par Common Stock | 3,119 | 3,119 | I |
| Phantom Stock UnitF5,F4 | — | holding | — | — | — | — | — | $5 Par Common Stock | 2,807 | 2,807 | I |
Explanation of responses
- F1One phantom stock unit was the economic equivalent of one share of The PNC Financial Services Group, Inc. ("PNC") Common Stock. The units were settled in cash and distributed to the reporting person on the transaction date.
- F2Pursuant to elections made by the reporting person in a prior year with respect to compensation earned as an executive officer of PNC, 3119 phantom stock units became payable in cash on January 2, 2015.
- F3Includes an aggregate of 139 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 reporting Table II information.
- F4One 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.
- F5The amount of securities beneficially owned represents the number of shares of common stock indirectly held for the account of the reporting person under The PNC Financial Services Group, Inc. ("PNC") Supplemental Incentive Savings Plan (the "SISP"). Shares of PNC common stock are not directly allocated to SISP participants, but instead are held in a unitized fund, approximately 98% of which consists of PNC common stock, and the remainder of which is invested in a money market fund. The amount of securities beneficially owned reflects 61 shares indirectly acquired for the account of the reporting person under the SISP in transactions exempt from reporting under Rule 16a-3(f)(1)(i)(B) that occurred subsequent to the date of the reporting person's most recent filing on Form 4 providing Table I information. The percentage of assets in the unitized fun investment option that are deemed to be invested in PNC common stock may vary from time to time.
Remarks
See attached footnotes page.