Newtyn Management, LLC - Jan 11, 2023 Form 4 Insider Report for PACIFIC GAS & ELECTRIC Co (PCG)

Role: 10%+ Owner
Signature: /s/ Eugene Dozortsev, Authorized Signatory
Stock symbol: PCG
Transactions as of: Jan 11, 2023
Transactions value $: -$368,263
Form type: 4
Date filed: 1/13/2023, 03:05 PM
Previous filing: Jan 11, 2023
Next filing: Jan 18, 2023

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	-$41.2K	-2K	-0.66%	$20.58^*	300K	Jan 11, 2023	See Footnote	F1, F2
transaction	PCG	First pref stock, par value $25, 5% nonredeemable	Sale	-$72.2K	-4.17K	-7.58%	$17.32^*	50.8K	Jan 11, 2023	See Footnote	F2, F3
transaction	PCG	First pref stock, par value $25, 5% series A redeemable	Sale	-$30.8K	-1.81K	-2.21%	$17.00^*	80K	Jan 11, 2023	See Footnote	F2, F4
transaction	PCG	First pref stock, par value $25, 4.50% redeemable	Sale	-$17.7K	-1.01K	-0.73%	$17.53^*	137K	Jan 11, 2023	See Footnote	F2
transaction	PCG	First pref stock, par value $25, 6% nonredeemable	Sale	-$71.9K	-3.5K	-1.17%	$20.54^*	297K	Jan 12, 2023	See Footnote	F2, F5
transaction	PCG	First pref stock, par value $25, 5% nonredeemable	Sale	-$85.5K	-5K	-9.84%	$17.10^*	45.8K	Jan 12, 2023	See Footnote	F2, F6
transaction	PCG	First pref stock, par value $25, 5% series A redeemable	Sale	-$21.1K	-1.2K	-1.5%	$17.53^*	78.8K	Jan 12, 2023	See Footnote	F2
transaction	PCG	First pref stock, par value $25, 4.36% series A redeemable	Sale	-$27.9K	-1.7K	-1.56%	$16.40^*	107K	Jan 12, 2023	See Footnote	F2
holding	PCG	First pref stock, par value $25, 5.50% nonredeemable						247K	Jan 11, 2023	See Footnote	F2
holding	PCG	First pref stock, par value $25, 5% redeemable						159K	Jan 11, 2023	See Footnote	F2
holding	PCG	First pref stock, par value $25, 4.80% redeemable						139K	Jan 11, 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 $20.56 to $20.64 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.
F3	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.10 to $17.40 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.
F4	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.00 to $17.01 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.
F5	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 $20.55 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.
F6	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.05 to $17.25 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.