| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PNC | $5 Par Common Stock | Award | $7.06M | +44.6K | +8.92% | $158.30 | 545K | Feb 16, 2023 | Direct | F1 |
| transaction | PNC | $5 Par Common Stock | Tax liability | -$3.21M | -20.3K | -3.73% | $158.30 | 524K | Feb 16, 2023 | Direct | F2 |
| holding | PNC | $5 Par Common Stock | 2.49K | Feb 16, 2023 | 401(k) Plan | F3 |
| Id | Content |
|---|---|
| F1 | On February 16, 2023, 44,615 shares of The PNC Financial Services Group, Inc. ("PNC") common stock vested pursuant to an award of performance share units granted to the reporting person on February 13, 2020 (the "2020 PSUs"), following approval by the Human Resources Committee (the "Committee") of a payout of 111.91% based on achievement against performance criteria established under the award. Pursuant to the award, the 2020 PSUs 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 2020 PSUs. |
| F3 | The amount of securities beneficially owned represents the number of shares of common stock indirectly held for the account of the reporting person under The PNC Incentive Savings Plan (the "ISP"). Shares of PNC common stock are not directly allocated to ISP participants, but instead are held in a unitized fund, approximately 98% of which consists of PNC common stock, and the remainder of which is invested in a money market fund. The amount of securities beneficially owned reflects 22 shares indirectly acquired for the account of the reporting person under the ISP in transactions exempt from reporting under Rule 16a-3(f)(1)(i)(B). The percentage of assets in the unitized fund investment option that are deemed to be invested in PNC common stock may vary from time to time. |