Newtyn Management, LLC - 01 Feb 2023 Form 4 Insider Report for PACIFIC GAS & ELECTRIC Co (PCG)

Reporting relationship: 10%+ Owner
Issuer ticker: PCG
Reported as of: 01 Feb 2023
Net transaction value: -$865,897
SEC form: 4
Accepted by SEC: 03 Feb 2023, 15:05:43 UTC
Prior SEC filing: 01 Feb 2023
Source filing: View source filing
Reporting owner signature: /s/ Eugene Dozortsev, Authorized Signatory

Key filing fact

Newtyn Management, LLC filed Form 4 for PACIFIC GAS & ELECTRIC Co (PCG) on 03 Feb 2023.

Key facts

This page summarizes Newtyn Management, LLC's Form 4 filing for PACIFIC GAS & ELECTRIC Co (PCG).
9 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 03 Feb 2023, 15:05.

Change

Previous filing in this sequence was filed on 01 Feb 2023.
Current net transaction value: -$865,897.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PCG transaction

First pref stock, par value $25, 6% nonredeemable

Sale

Transaction value: $274,375
Shares: -12,500
Change %: -6.9%
Price: $21.95^*
Shares after: 169,336
Date: 01 Feb 2023
Ownership: See Footnote
Footnotes: F1

PCG transaction

First pref stock, par value $25, 5.50% nonredeemable

Sale

Transaction value: $17,690
Shares: -901
Change %: -0.37%
Price: $19.63^*
Shares after: 241,477
Date: 01 Feb 2023
Ownership: See Footnote
Footnotes: F1, F2

PCG transaction

First pref stock, par value $25, 5% redeemable

Sale

Transaction value: $11,680
Shares: -650
Change %: -0.43%
Price: $17.97^*
Shares after: 152,037
Date: 01 Feb 2023
Ownership: See Footnote
Footnotes: F1

PCG transaction

First pref stock, par value $25, 4.36% series A redeemable

Sale

Transaction value: $16,180
Shares: -1,000
Change %: -0.96%
Price: $16.18^*
Shares after: 103,488
Date: 01 Feb 2023
Ownership: See Footnote
Footnotes: F1

PCG transaction

First pref stock, par value $25, 6% nonredeemable

Sale

Transaction value: $402,574
Shares: -17,940
Change %: -11%
Price: $22.44^*
Shares after: 151,396
Date: 02 Feb 2023
Ownership: See Footnote
Footnotes: F1, F3

PCG transaction

First pref stock, par value $25, 5.50% nonredeemable

Sale

Transaction value: $20,215
Shares: -1,000
Change %: -0.41%
Price: $20.22^*
Shares after: 240,477
Date: 02 Feb 2023
Ownership: See Footnote
Footnotes: F1

PCG transaction

First pref stock, par value $25, 5% redeemable

Sale

Transaction value: $26,998
Shares: -1,500
Change %: -0.99%
Price: $18.00^*
Shares after: 150,537
Date: 02 Feb 2023
Ownership: See Footnote
Footnotes: F1, F4

PCG transaction

First pref stock, par value $25, 5% series A redeemable

Sale

Transaction value: $88,079
Shares: -4,930
Change %: -7%
Price: $17.87^*
Shares after: 65,061
Date: 02 Feb 2023
Ownership: See Footnote
Footnotes: F1, F5

PCG transaction

First pref stock, par value $25, 4.36% series A redeemable

Sale

Transaction value: $8,105
Shares: -500
Change %: -0.48%
Price: $16.21^*
Shares after: 102,988
Date: 02 Feb 2023
Ownership: See Footnote
Footnotes: F1, F6

PCG holding

First pref stock, par value $25, 5% nonredeemable

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 30,402
Date: 01 Feb 2023
Ownership: See Footnote
Footnotes: F1

PCG holding

First pref stock, par value $25, 4.80% redeemable

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 135,755
Date: 01 Feb 2023
Ownership: See Footnote
Footnotes: F1

PCG holding

First pref stock, par value $25, 4.50% redeemable

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 135,492
Date: 01 Feb 2023
Ownership: See Footnote
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Newtyn Management, LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 6 footnotes

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.