SEC Form 4 · accession 0001209191-19-011465
PNC FINANCIAL SERVICES GROUP, INC. · PNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory H Kozich
Officer — Controller
Period of report
Feb 15, 2019
Accepted (ET)
Feb 20, 2019 · 3:27 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 | Feb 15, 2019 | A | 669 | $0.00 | A | 9,892 | D | |
| $5 Par Common Stock | Feb 15, 2019 | F | 175 | $124.15 | D | 9,717 | D | |
| $5 Par Common Stock | Feb 16, 2019 | A | 508 | $0.00 | A | 10,225 | D | |
| $5 Par Common Stock | Feb 16, 2019 | F | 145 | $124.15 | D | 10,080 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On February 15, 2019, 669 shares of The PNC Financial Services Group, Inc. ("PNC") common stock vested based on risk performance against established criteria of previously granted restricted share units to the reporting person. The shares vested pursuant to an award granted in the first quarter of 2018, expressed as a number of share units, with payout contingent on achievement of related risk performance criteria. Pursuant to the award, the share units pay out, if at all, in shares of PNC common stock, and any accrued dividend equivalents are 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 shares of PNC common stock that vested on February 15, 2019 pursuant to the award granted in the first quarter of 2018.
- F3On February 16, 2019, 508 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 shares vested pursuant to an award granted in the first quarter of 2017, expressed as a number of share units, with payout contingent on achievement of related risk performance criteria. Pursuant to the award, the share units pay out, if at all, in shares of PNC common stock, and any accrued dividend equivalents are 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.
- F4Represents shares withheld to cover the reporting person's tax liability in connection with the shares of PNC common stock that vested on February 16, 2019 pursuant to the award granted in the first quarter of 2017.