SEC Form 4 · accession 0001209191-17-019531
PNC FINANCIAL SERVICES GROUP, INC. · PNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph E Rockey
Officer — Executive Vice President
Period of report
Mar 7, 2017
Accepted (ET)
Mar 9, 2017 · 2:30 pm EST
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 7, 2017 | A | 571 | $0.00 | A | 12,211 | D | |
| $5 Par Common Stock | Mar 7, 2017 | F | 264 | $127.23 | D | 11,947 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On March 7, 2017, 571 shares of PNC Common stock vested based on performance against established criteria of previously granted performance based restricted share units to the reporting person. The grant was made in the first quarter of 2014 and expressed as a number of share units, with payout contingent on achievement of related risk performance criteria. The share units pay out, if at all, in shares of PNC Common Stock, with any accrued dividend equivalents being paid out in cash. Prior to vesting, the number of share units and related dividend equivalents are subject to reduction based on risk performance criteria.
- F2Represents shares withheld to cover the reporting person's tax liability in connection with the performance based restricted share units awarded on March 7, 2017 and granted in the first quarter of 2014.
Remarks
See attached footnotes page.