Newtyn Management, LLC - Jan 24, 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 24, 2023
Transactions value $
-$1,773,073
Form type
4
Date filed
1/26/2023, 03:05 PM
Previous filing
Jan 24, 2023
Next filing
Jan 30, 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 -$92.4K -4.3K -1.58% $21.48* 267K Jan 24, 2023 See Footnote F1, F2
transaction PCG First pref stock, par value $25, 5.50% nonredeemable Sale -$39.1K -2K -0.81% $19.55* 244K Jan 24, 2023 See Footnote F2, F3
transaction PCG First pref stock, par value $25, 5% series A redeemable Sale -$53.1K -3K -3.88% $17.71* 74.3K Jan 24, 2023 See Footnote F2, F4
transaction PCG First pref stock, par value $25, 6% nonredeemable Sale -$1.53M -69.7K -26.08% $22.00* 198K Jan 25, 2023 See Footnote F2, F5
transaction PCG First pref stock, par value $25, 5.50% nonredeemable Sale -$19.8K -1K -0.41% $19.77* 243K Jan 25, 2023 See Footnote F2
transaction PCG First pref stock, par value $25, 5% redeemable Sale -$35.6K -2K -1.27% $17.80* 155K Jan 25, 2023 See Footnote F2, F6
holding PCG First pref stock, par value $25, 5% nonredeemable 30.9K Jan 24, 2023 See Footnote F2
holding PCG First pref stock, par value $25, 4.80% redeemable 139K Jan 24, 2023 See Footnote F2
holding PCG First pref stock, par value $25, 4.50% redeemable 135K Jan 24, 2023 See Footnote F2
holding PCG First pref stock, par value $25, 4.36% series A redeemable 107K Jan 24, 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 $21.20 to $21.72 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 $19.55 to $19.555 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 $17.70 to $17.725 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 $21.75 to $22.21 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 $17.85 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.