Filing Details
- Accession Number:
- 0001209191-13-007701
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-02-11 16:13:10
- Reporting Period:
- 2013-02-07
- Filing Date:
- 2013-02-11
- Accepted Time:
- 2013-02-11 16:13:10
- 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 |
---|---|---|---|---|---|---|---|
1545368 | F Neil Hall | One Pnc Plaza 249 Fifth Ave Pittsburgh PA 15222 | Executive Vice President | 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 | Acquisiton | 2013-02-07 | 8,513 | $54.04 | 39,231 | No | 4 | M | Direct | |
$5 Par Common Stock | Disposition | 2013-02-07 | 8,513 | $63.26 | 30,718 | No | 4 | S | Direct | |
$5 Par Common Stock | Acquisiton | 2013-02-07 | 1,143 | $0.00 | 31,861 | No | 4 | A | Direct | |
$5 Par Common Stock | Disposition | 2013-02-07 | 361 | $63.42 | 31,500 | No | 4 | F | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | S | Direct | |
No | 4 | A | Direct | |
No | 4 | F | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
$5 Par Common Stock | Employee Stock Option (Right-to-Buy) | Disposition | 2013-02-07 | 8,513 | $0.00 | 8,513 | $54.04 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2005-01-06 | 2014-01-06 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
$5 Par Common Stock | 6,829 | Indirect | 401(k) Plan |
Footnotes
- Option exercise and sale of shares effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 24, 2013.
- On February 7, 2012, the Personnel and Compensation Committee of the PNC Board of Directors granted performance based restricted share units to the reporting person. The grant was expressed as a "target" number of share units, with payout contingent on PNC having achieved related 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. Subject to the Committee's discretion, the target number of share units may be reduced (down to 75% of target) or increased (up to 125% of target), based on PNC's total shareholder return for the prior fiscal year. On January 28, 2013 the Committee approved the payout level of these units. The reporting person received the target amount of units (including dividend equivalents), plus 3.66% based on the total shareholder return for PNC for the year ended December 31, 2012, which resulted in the vesting of 1,143 shares of PNC Common Stock.
- Includes an aggregate of 56 shares acquired by the reporting person through dividend reinvestment under the Issuer's Dividend Reinvestment and Stock Purchase Plan subsequent to the date of the reporting person's most recent filing on Form 4.
- Shares have been withheld to cover the reporting person's tax liability in connection with the performance based restricted share units granted on February 7, 2012 and awarded on February 7, 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 amount of securities beneficially owned reflects 42 shares indirectly acquired for the account of the reporting person under the ISP in transactions exempt from reporting under Rule 16a-3(f)(1)(i)(B) that occurred subsequent to the date of the reporting person's most recent filing on Form 4 providing Table I information. 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.