Newtyn Management, LLC - 04 Jan 2023 Form 4 Insider Report for PACIFIC GAS & ELECTRIC Co (PCG)

Role: 10%+ Owner
Signature: /s/ Eugene Dozortsev, Authorized Signatory
Issuer symbol: PCG
Transactions as of: 04 Jan 2023
Net transactions value: -$126,049
Form type: 4
Filing time: 06 Jan 2023, 15:05:31 UTC
Previous filing: 28 Dec 2022
Next filing: 11 Jan 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PCG	First pref stock, par value $25, 6% nonredeemable	Sale	$126,049	-6,118	-1.9%	$20.60^*	308,831	04 Jan 2023	See Footnote	F1, F2
holding	PCG	First pref stock, par value $25, 5.50% nonredeemable						250,298	04 Jan 2023	See Footnote	F2
holding	PCG	First pref stock, par value $25, 5% nonredeemable						56,984	04 Jan 2023	See Footnote	F2
holding	PCG	First pref stock, par value $25, 5% redeemable						159,027	04 Jan 2023	See Footnote	F2
holding	PCG	First pref stock, par value $25, 5% series A redeemable						81,811	04 Jan 2023	See Footnote	F2
holding	PCG	First pref stock, par value $25, 4.80% redeemable						139,266	04 Jan 2023	See Footnote	F2
holding	PCG	First pref stock, par value $25, 4.50% redeemable						137,728	04 Jan 2023	See Footnote	F2
holding	PCG	First pref stock, par value $25, 4.36% series A redeemable						108,711	04 Jan 2023	See Footnote	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.53 to $20.75 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F2	The Reporting Person is the investment manager to certain affiliated funds (collectively, the "Newtyn Funds"). The securities reported herein are held in the aggregate by the Newtyn Funds. Pursuant to Reg. Section 240.16a-1(a)(2), the Reporting Person's beneficial ownership is limited to its pecuniary interest, if any, in such securities.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.53 to $20.75 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

The Reporting Person is the investment manager to certain affiliated funds (collectively, the "Newtyn Funds"). The securities reported herein are held in the aggregate by the Newtyn Funds. Pursuant to Reg. Section 240.16a-1(a)(2), the Reporting Person's beneficial ownership is limited to its pecuniary interest, if any, in such securities.