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
  1. Option exercise and sale of shares effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 24, 2013.
  2. 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.
  3. 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.
  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.
  5. 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.