SEC Form 4 · accession 0001209191-17-043378
PNC FINANCIAL SERVICES GROUP, INC. · PNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donald J Shepard
Director
Period of report
Jun 30, 2017
Accepted (ET)
Jul 5, 2017 · 4:31 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 StockF1 | Jun 30, 2017 | M | 225 | $0.00 | A | 9,192 | D | |
| $5 Par Common Stock | Jun 30, 2017 | D | 225 | $124.87 | D | 8,967 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitF1,F2 | — | Jun 30, 2017 | M | 225 | D | Jun 30, 2017 | Jun 30, 2017 | $5 Par Common Stock | 225 | 226 | I |
| Phantom Stock UnitF4,F3 | — | holding | — | — | — | — | — | $5 Par Common Stock | 19,599 | 19,599 | I |
| Phantom Stock UnitF5,F3 | — | holding | — | — | — | — | — | $5 Par Common Stock | 18,269 | 18,269 | I |
| Deferred Stock UnitF6 | — | holding | — | — | — | — | — | $5 Par Common Stock | 1,197 | 1,197 | D |
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.
- F2Includes an aggregate of 2 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.
- F3One 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.
- F4Includes an aggregate of 87 Phantom Stock Units acquired by the reporting person as dividend equivalents under the PNC Outside Directors Deferred Stock Unit Plan subsequent to the date of the reporting person's most recent filing on Form 4.
- F5Includes an aggregate of 81 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.
- F6Deferred stock unit ("DSU") granted pursuant to The PNC Financial Services Group, Inc. ("PNC") Directors Deferred Stock Unit Program (the "Program") under PNC's 2016 Incentive Award Plan. Each DSU represents the right to receive at retirement a share of PNC Common Stock (a "Share") or in limited circumstances cash equal to the fair market value of one Share on the payment determination date, pursuant to the terms of the Program.
Remarks
See attached footnotes page.