SEC Form 4/A · accession 0001209191-18-027237
PNC FINANCIAL SERVICES GROUP, INC. · PNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Richard B Kelson
Director
Period of report
Dec 29, 2017
Accepted (ET)
May 2, 2018 · 11:03 am EDT
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 UnitF2,F1 | — | Dec 29, 2017 | M | 515 | D | Dec 29, 2017 | Dec 29, 2017 | $5 Par Common Stock | 515 | 4,116 | I |
| Phantom Stock UnitF3,F1 | — | Dec 29, 2017 | M | 1,737 | D | Dec 29, 2017 | Dec 29, 2017 | $5 Par Common Stock | 1,737 | 22,362 | I |
| Deferred Stock UnitF5,F4 | — | holding | — | — | — | — | — | $5 Par Common Stock | 2,213 | 1,209 | 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.
- F2On January 3, 2018, the reporting person filed a Form 4 reporting 92 Phantom Stock Units acquired as a dividend equivalent under the PNC Deferred Compensation Plan. The correct number of Phantom Stock Units acquired as of December 29, 2017, was 71.
- F3On January 3, 2018, the reporting person filed a Form 4 reporting 479 Phantom Stock Units acquired as a dividend equivalent under the PNC Outside Directors Differed Stock Unit Plan. The correct number of Phantom Stock Units acquired as of December 29, 2017, was 372.
- F4Deferred 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.
- F5Includes an aggregate of 12 Stock Units acquired by the reporting person as dividend equivalents under the PNC Directors Stock Unit Program subsequent to the date of the reporting person's most recent filing on Form 4.
Remarks
See attached footnotes page.