John R. Simon - Mar 1, 2023 Form 4 Insider Report for PG&E Corp (PCG)

Signature
/s/ Lisa J. Crawford, Attorney-in-fact for John R. Simon (Signed Power of Attorney on file with SEC)
Stock symbol
PCG
Transactions as of
Mar 1, 2023
Transactions value $
-$128,580
Form type
4
Date filed
3/3/2023, 05:01 PM
Previous filing
Feb 27, 2023
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PCG Common Stock Tax liability -$129K -8.24K -25.69% $15.61 23.8K Mar 1, 2023 Direct
transaction PCG Common Stock Gift $0 -7.72K -32.38% $0.00 16.1K Mar 1, 2023 Direct F1
transaction PCG Common Stock Gift $0 +7.72K +2.82% $0.00 281K Mar 1, 2023 Held by Simon Family Trust
holding PCG Common Stock 3.21K Mar 1, 2023 Held by Trustee of PG&E Corporation Retirement Savings Plan F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 160.39 Special Incentive Stock Ownership Premiums (SISOPs) (phantom stock) awarded pursuant to the PG&E Corporation Executive Stock Ownership Program. SISOPs vest three years after the date of grant subject to accelerated vesting upon certain events. Unvested SISOPs are subject to forfeiture if certain stock ownership targets are not met. Vested SISOPs are automatically payable in an equal number of shares following termination of employment.
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 3/1/2023.