Carole Lynnette Brown - 11 Feb 2022 Form 4 Insider Report for PNC FINANCIAL SERVICES GROUP, INC. (PNC)

Role
Executive Vice President
Signature
Alicia G. Powell, Attorney-in-Fact for Carole L. Brown
Issuer symbol
PNC
Transactions as of
11 Feb 2022
Net transactions value
+$38,984
Form type
4
Filing time
15 Feb 2022, 14:45:41 UTC
Next filing
14 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PNC $5 Par Common Stock Award $91,031 +439 +48% $207.36 1,351 11 Feb 2022 Direct F1
transaction PNC $5 Par Common Stock Tax liability $31,519 -152 -11% $207.36 1,199 11 Feb 2022 Direct F2
transaction PNC $5 Par Common Stock Tax liability $20,529 -99 -8.3% $207.36 1,100 13 Feb 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 11, 2022, 439 shares of The PNC Financial Services Group, Inc. ("PNC") common stock vested pursuant to an award of restricted stock units granted to the reporting person on February 11, 2021 (the "2021 RSUs"), following approval by the Human Resources Committee of a payout of 100% based on the satisfaction of service requirements and achievement against the risk-based performance criteria established under the award. Pursuant to the award, the 2021 RSUs pay out in shares of PNC common stock, and any accrued dividend equivalents are paid out in cash.
F2 Represents shares withheld to cover the reporting person's tax liability in connection with the vesting of the 2021 RSUs.