Daniel Hesse - Apr 27, 2022 Form 4 Insider Report for PNC FINANCIAL SERVICES GROUP, INC. (PNC)

Role
Director
Signature
Alicia G. Powell, Attorney-in-Fact for Daniel R. Hesse
Stock symbol
PNC
Transactions as of
Apr 27, 2022
Transactions value $
$0
Form type
4
Date filed
4/29/2022, 03:56 PM
Previous filing
Apr 5, 2022
Next filing
May 16, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PNC Deferred Stock Unit Award $0 +880 +14.88% $0.00 6.8K Apr 27, 2022 $5 Par Common Stock 880 Direct F1
holding PNC Phantom Stock Unit 2.2K Apr 27, 2022 $5 Par Common Stock 2.2K Deferred Compensation Plan F2
holding PNC Phantom Stock Unit 1.81K Apr 27, 2022 $5 Par Common Stock 1.81K Deferred Stock Unit Plan F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Deferred stock unit ("DSU") granted pursuant to the PNC Directors Deferred Stock Unit Program (the "Program") under PNC's 2016 Incentive Award Plan. Each DSU represents the right to receive at retirement one share of The PNC Financial Services Group, Inc. ("PNC") common stock, or in limited circumstances cash equal to the fair market value of one share of PNC common stock on the payment determination date, pursuant to the terms of the Program.
F2 One phantom stock unit is the economic equivalent of one share of PNC common stock. Phantom stock units will be settled in cash upon distribution to the reporting person and generally do not expire.