SEC Form 4 · accession 0001209191-15-026497
PNC FINANCIAL SERVICES GROUP, INC. · PNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph C Guyaux
Officer — Senior Vice Chairman
Period of report
Mar 12, 2015
Accepted (ET)
Mar 16, 2015 · 4:47 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000713676
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| $5 Par Common Stock | Mar 12, 2015 | M | 70,000 | $63.69 | A | 126,271 | D | |
| $5 Par Common StockF2 | Mar 12, 2015 | S | 11,641 | $95.2658 | D | 114,630 | D | |
| $5 Par Common StockF3 | Mar 12, 2015 | S | 58,359 | $95.827 | D | 56,271 | D | |
| $5 Par Common Stock | Mar 12, 2015 | M | 75,000 | $66.77 | A | 131,271 | D | |
| $5 Par Common StockF3 | Mar 12, 2015 | S | 75,000 | $95.827 | D | 56,271 | D | |
| $5 Par Common StockF4 | holding | — | — | — | 580 | I | 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right-to-Buy) | $63.69 | Mar 12, 2015 | M | 70,000 | D | Jul 21, 2011 | Jul 21, 2018 | $5 Par Common Stock | 70,000 | 0 | D |
| Employee Stock Option (Right-to-Buy) | $66.77 | Mar 12, 2015 | M | 75,000 | D | Apr 26, 2011 | Apr 26, 2020 | $5 Par Common Stock | 75,000 | 0 | D |
Explanation of responses
- F1Exercise of options and sale of shares effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 9, 2015.
- F2Represents the weighted average price of shares sold in multiple transactions with prices ranging from $94.51 to $95.51. The reporting person undertakes to provide upon request by the staff of the Securities and Exchange Commission, full information regarding the number of shares sold at each separate price.
- F3Represents the weighted average price of shares sold in multiple transactions with prices ranging from $95.52 to $96.25. The reporting person undertakes to provide upon request by the staff of the Securities and Exchange Commission, full information regarding the number of shares sold at each separate price.
- F4The 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") Incentive Savings Plan (the "ISP"). Shares of PNC common stock are not directly allocated to ISP 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 percentage of assets in the unitized fund investment option that are deemed to be invested in PNC common stock may vary from time to time.
Remarks
See attached footnotes page.