Ajay Waghray - Mar 1, 2022 Form 4 Insider Report for PG&E Corp (PCG)

Role: SVP & Chf Information Ofc
Signature: /s/ Lisa J. Crawford, Attorney-in-fact for Ajay Waghray (Signed Power of Attorney on file with SEC)
Stock symbol: PCG
Transactions as of: Mar 1, 2022
Transactions value $: -$28,261
Form type: 4
Date filed: 3/3/2022, 05:41 PM
Previous filing: Feb 18, 2022
Next filing: Sep 27, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PCG	Common Stock	Tax liability	-$28.3K	-2.5K	-4.51%	$11.30	53K	Mar 1, 2022	Direct
transaction	PCG	Common Stock	Other	$0	-2.22K	-100%	$0.00^*	0	Mar 1, 2022	Held by Trustee of PG&E Corporation Retirement Savings Plan	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Due to an administrative error, PG&E Corporation inadvertently contributed funds to the Company Stock Fund option in the Reporting Person's 401(k) Plan account from 10/2020 to 6/2021 representing approximately 2,222.13 shares for the Reporting Person (the Affected Shares). PG&E Corporation has determined that, consistent with IRS guidelines and the Reporting Person's then-applicable instructions, these transactions (together with any subsequent transactions in the Affected Shares) should be effectively unwound, and accordingly PG&E Corporation has instructed the plan trustee to take such actions as may be required to restore the Reporting Person's then-applicable instructions.
F2	Represents the approximate number of shares of PG&E Corporation common stock held for the Reporting Person in the PG&E Corporation Stock Fund of the PG&E Corporation Retirement Savings Plan (RSP). That fund holds units consisting of PG&E Corporation common stock and a small short-term investments component. The number of shares is computed by dividing the value of the units by the daily closing price. Dividends are automatically invested in additional units at the election of the participant. These holdings have been trued up to conform to the RSP balance as of 3/1/2022.

Content

Due to an administrative error, PG&E Corporation inadvertently contributed funds to the Company Stock Fund option in the Reporting Person's 401(k) Plan account from 10/2020 to 6/2021 representing approximately 2,222.13 shares for the Reporting Person (the Affected Shares). PG&E Corporation has determined that, consistent with IRS guidelines and the Reporting Person's then-applicable instructions, these transactions (together with any subsequent transactions in the Affected Shares) should be effectively unwound, and accordingly PG&E Corporation has instructed the plan trustee to take such actions as may be required to restore the Reporting Person's then-applicable instructions.

Represents the approximate number of shares of PG&E Corporation common stock held for the Reporting Person in the PG&E Corporation Stock Fund of the PG&E Corporation Retirement Savings Plan (RSP). That fund holds units consisting of PG&E Corporation common stock and a small short-term investments component. The number of shares is computed by dividing the value of the units by the daily closing price. Dividends are automatically invested in additional units at the election of the participant. These holdings have been trued up to conform to the RSP balance as of 3/1/2022.