John R. Simon - Mar 1, 2024 Form 4 Insider Report for PG&E Corp (PCG)

Signature
/s/ J. Ellen Conti, attorney-in-fact for John R. Simon (signed Power of Attorney on file with SEC)
Stock symbol
PCG
Transactions as of
Mar 1, 2024
Transactions value $
-$983,517
Form type
4
Date filed
3/5/2024, 04:29 PM
Previous filing
Mar 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PCG Common Stock Award $0 +109K +675.81% $0.00 125K Mar 1, 2024 Direct F1
transaction PCG Common Stock Tax liability -$984K -59.2K -47.4% $16.60 65.8K Mar 1, 2024 Direct F2, F3
transaction PCG Common Stock Gift $0 -65.6K -99.76% $0.00 159 Mar 1, 2024 Direct
transaction PCG Common Stock Gift $0 +65.6K +23.34% $0.00 347K Mar 1, 2024 Held by Simon Family Trust
transaction PCG Common Stock Award $0 +90.4K +56681.72% $0.00 90.5K Mar 1, 2024 Direct F4
holding PCG Common Stock 3.21K Mar 1, 2024 Held by Trustee of PG&E Corporation Retirement Savings Plan F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.
F2 These shares were forfeited to satisfy tax withholding obligations in connection with the vesting of performance share units and restricted stock units (RSUs).
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.
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.
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.