Filing Details
- Accession Number:
- 0001209191-13-005274
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-01-30 18:03:18
- Reporting Period:
- 2013-01-28
- Filing Date:
- 2013-01-30
- Accepted Time:
- 2013-01-30 18:03:18
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
713676 | Pnc Financial Services Group Inc. | PNC | National Commercial Banks (6021) | 251435979 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1194841 | C Joseph Guyaux | One Pnc Plaza 249 Fifth Avenue Pittsburgh PA 15222-2707 | Senior Vice Chairman | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
$5 Par Common Stock | Disposition | 2013-01-28 | 30,000 | $61.97 | 65,727 | No | 4 | S | Direct | |
$5 Par Common Stock | Acquisiton | 2013-01-28 | 14,179 | $0.00 | 79,906 | No | 4 | A | Direct | |
$5 Par Common Stock | Disposition | 2013-01-28 | 5,745 | $61.88 | 74,161 | No | 4 | F | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct | |
No | 4 | A | Direct | |
No | 4 | F | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
$5 Par Common Stock | 554 | Indirect | 401(k) Plan |
Footnotes
- Represents the weighted average price of shares sold in multiple transactions with prices ranging from $61.943 to $61.999. 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.
- On February 24, 2010, the Personnel and Compensation Committee of the PNC Board of Directors granted an incentive performance unit opportunity to the reporting person. The grant was expressed as a "target" number of share units with an adjustment for phantom dividends over the April 1, 2010 to December 31, 2012 performance period. Subject to the Committee's discretion, the reporting person is eligible to receive shares of PNC common stock (if PNC meets specified performance criteria up to the target level) and/or cash (if the performance criteria exceeds the target level). On January 28, 2013 the Personnel and Compensation Committee approved the performance payout for the performance period from April 1, 2010 to December 31, 2012 which resulted in the vesting of 14,179 shares of PNC common stock.
- Shares have been withheld to cover the reporting person's tax liability in connection with the incentive performance unit opportunity granted on February 24, 2010 and awarded on January 28, 2013.
- The 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.