Newtyn Management, LLC - 13 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
13 Jan 2023
Net transactions value
-$316,819
Form type
4
Filing time
18 Jan 2023, 15:05:22 UTC
Previous filing
13 Jan 2023
Next filing
20 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 $91,425 -4,442 -1.5% $20.58* 292,265 13 Jan 2023 See Footnote F1, F2
transaction PCG First pref stock, par value $25, 5% nonredeemable Sale $95,243 -5,575 -12% $17.08* 40,239 13 Jan 2023 See Footnote F2, F3
transaction PCG First pref stock, par value $25, 5% redeemable Sale $8,840 -500 -0.31% $17.68* 158,527 13 Jan 2023 See Footnote F2, F4
transaction PCG First pref stock, par value $25, 6% nonredeemable Sale $82,452 -4,000 -1.4% $20.61* 288,265 17 Jan 2023 See Footnote F2, F5
transaction PCG First pref stock, par value $25, 5% nonredeemable Sale $38,858 -2,239 -5.6% $17.36* 38,000 17 Jan 2023 See Footnote F2, F6
holding PCG First pref stock, par value $25, 5.50% nonredeemable 247,498 13 Jan 2023 See Footnote F2
holding PCG First pref stock, par value $25, 5% series A redeemable 78,797 13 Jan 2023 See Footnote F2
holding PCG First pref stock, par value $25, 4.80% redeemable 139,266 13 Jan 2023 See Footnote F2
holding PCG First pref stock, par value $25, 4.50% redeemable 136,717 13 Jan 2023 See Footnote F2
holding PCG First pref stock, par value $25, 4.36% series A redeemable 107,011 13 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 $20.61 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 $17.00 to $17.22 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 $17.59 to $17.71 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 $20.60 to $20.65 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 $17.10 to $17.385 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.