John R. Simon - 01 Mar 2024 Form 4 Insider Report for PG&E Corp (PCG)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
05 Mar 2024, 16:29:16 UTC
Prior SEC filing
03 Mar 2023
Next SEC filing
04 Mar 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ J. Ellen Conti, attorney-in-fact for John R. Simon (signed Power of Attorney on file with SEC)

Key filing fact

John R. Simon filed Form 4 for PG&E Corp (PCG) on 05 Mar 2024.

Key facts

  • This page summarizes John R. Simon's Form 4 filing for PG&E Corp (PCG).
  • 5 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 05 Mar 2024, 16:29.

Change

  • Previous filing in this sequence was filed on 03 Mar 2023.
  • Current net transaction value: -$983,517.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PCG transaction

Common Stock

Award

Transaction value
$0
Shares
+108,890
Change %
+676%
Price
$0.000000
Shares after
125,002
Date
01 Mar 2024
Ownership
Direct
Footnotes
F1
PCG transaction

Common Stock

Tax liability

Transaction value
$983,517
Shares
-59,248
Change %
-47%
Price
$16.60
Shares after
65,754
Date
01 Mar 2024
Ownership
Direct
Footnotes
F2, F3
PCG transaction

Common Stock

Gift

Transaction value
$0
Shares
-65,595
Change %
-100%
Price
$0.000000
Shares after
159
Date
01 Mar 2024
Ownership
Direct
PCG transaction

Common Stock

Gift

Transaction value
$0
Shares
+65,595
Change %
+23%
Price
$0.000000
Shares after
346,667
Date
01 Mar 2024
Ownership
Held by Simon Family Trust
PCG transaction

Common Stock

Award

Transaction value
$0
Shares
+90,362
Change %
+56682%
Price
$0.000000
Shares after
90,521
Date
01 Mar 2024
Ownership
Direct
Footnotes
F4
PCG holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
3,209
Date
01 Mar 2024
Ownership
Held by Trustee of PG&E Corporation Retirement Savings Plan
Footnotes
F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Vested performance shares granted under the PG&E Corporation 2014 Long-Term Incentive Plan for the performance cycle ended 12/31/2023. Performance shares are payable in shares of PG&E Corporation common stock on a one-for-one basis.

Footnote F2

These shares were forfeited to satisfy tax withholding obligations in connection with the vesting of performance share units and restricted stock units (RSUs).

Footnote F3

Includes 160.48 Special Incentive Stock Ownership Premiums (SISOPs) (phantom stock) pursuant to the PG&E Corporation Executive Stock Ownership Program and reflects the acquisition of 0.09 SISOPs on 1/15/24 upon the conversion of dividend equivalents received on that date. 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.

Footnote F4

RSUs granted under the PG&E Corporation 2021 Long-Term Incentive Plan. RSUs are payable in shares of PG&E Corporation stock on a one-for-one basis.

Footnote F5

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 3/1/2024 and reflect the acquisition of approximately 3.94 shares on 1/15/24 due to dividend reinvestment.

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