Vicki C. Henn - 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 Vicki C. Henn
Issuer symbol
PNC
Transactions as of
11 Feb 2022
Net transactions value
+$333,020
Form type
4
Filing time
15 Feb 2022, 14:53:59 UTC
Previous filing
14 Feb 2022
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 $208,189 +1,004 +4.6% $207.36 22,729 11 Feb 2022 Direct F1
transaction PNC $5 Par Common Stock Tax liability $106,583 -514 -2.3% $207.36 22,215 11 Feb 2022 Direct F2
transaction PNC $5 Par Common Stock Award $218,143 +1,052 +4.7% $207.36 23,267 13 Feb 2022 Direct F3
transaction PNC $5 Par Common Stock Tax liability $111,767 -539 -2.3% $207.36 22,728 13 Feb 2022 Direct F4
transaction PNC $5 Par Common Stock Award $256,090 +1,235 +5.4% $207.36 23,963 13 Feb 2022 Direct F5
transaction PNC $5 Par Common Stock Tax liability $131,052 -632 -2.6% $207.36 23,331 13 Feb 2022 Direct F6
holding PNC $5 Par Common Stock 1,787 11 Feb 2022 Direct
holding PNC $5 Par Common Stock 15 11 Feb 2022 401(k)
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 11, 2022, 1,004 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 (the "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.
F3 On February 13, 2022, 1,052 shares of PNC common stock vested pursuant to an award of restricted stock units granted to the reporting person on February 13, 2020 (the "2020 RSUs"), following approval by the 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 2020 RSUs pay out in shares of PNC common stock, and any accrued dividend equivalents are paid out in cash.
F4 Represents shares withheld to cover the reporting person's tax liability in connection with the vesting of the 2020 RSUs.
F5 On February 13, 2022, 1,235 shares of PNC common stock vested pursuant to an award of restricted stock units granted to the reporting person on February 13, 2019 (the "2019 RSUs"), following approval by the 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 2019 RSUs pay out in shares of PNC common stock, and any accrued dividend equivalents are paid out in cash.
F6 Represents shares withheld to cover the reporting person's tax liability in connection with the vesting of the 2019 RSUs.