Newtyn Management, LLC - 01 Feb 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
01 Feb 2023
Net transactions value
-$865,897
Form type
4
Filing time
03 Feb 2023, 15:05:43 UTC
Previous filing
01 Feb 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 $274,375 -12,500 -6.9% $21.95* 169,336 01 Feb 2023 See Footnote F1
transaction PCG First pref stock, par value $25, 5.50% nonredeemable Sale $17,690 -901 -0.37% $19.63* 241,477 01 Feb 2023 See Footnote F1, F2
transaction PCG First pref stock, par value $25, 5% redeemable Sale $11,680 -650 -0.43% $17.97* 152,037 01 Feb 2023 See Footnote F1
transaction PCG First pref stock, par value $25, 4.36% series A redeemable Sale $16,180 -1,000 -0.96% $16.18* 103,488 01 Feb 2023 See Footnote F1
transaction PCG First pref stock, par value $25, 6% nonredeemable Sale $402,574 -17,940 -11% $22.44* 151,396 02 Feb 2023 See Footnote F1, F3
transaction PCG First pref stock, par value $25, 5.50% nonredeemable Sale $20,215 -1,000 -0.41% $20.22* 240,477 02 Feb 2023 See Footnote F1
transaction PCG First pref stock, par value $25, 5% redeemable Sale $26,998 -1,500 -0.99% $18.00* 150,537 02 Feb 2023 See Footnote F1, F4
transaction PCG First pref stock, par value $25, 5% series A redeemable Sale $88,079 -4,930 -7% $17.87* 65,061 02 Feb 2023 See Footnote F1, F5
transaction PCG First pref stock, par value $25, 4.36% series A redeemable Sale $8,105 -500 -0.48% $16.21* 102,988 02 Feb 2023 See Footnote F1, F6
holding PCG First pref stock, par value $25, 5% nonredeemable 30,402 01 Feb 2023 See Footnote F1
holding PCG First pref stock, par value $25, 4.80% redeemable 135,755 01 Feb 2023 See Footnote F1
holding PCG First pref stock, par value $25, 4.50% redeemable 135,492 01 Feb 2023 See Footnote F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Newtyn Management, LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 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.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.61 to $19.66 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.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.00 to $22.69 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 $17.94 to $18.01 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 $17.795 to $17.91 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 $16.20 to $16.25 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.