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PG&E Corp — Director's Dealing 2020
Feb 25, 2020
30119_dirs_2020-02-24_01801108-3282-401f-8383-d6cedcbeb737.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PG&E Corp (PCG)
CIK: 0001004980
Period of Report: 2020-02-20
Reporting Person: SIMON JOHN R (EVP, Law, Strategy and Policy)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-02-20 | Common Stock | A | 4528 | — | Acquired | 25019.42 | Direct |
| 2020-02-20 | Common Stock | F | 1605 | $17.85 | Disposed | 23414.42 | Direct |
| 2020-02-20 | Common Stock | G | 2923 | — | Disposed | 20491.42 | Direct |
| 2020-02-20 | Common Stock | G | 2923 | — | Acquired | 41329 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 4185.32 | Indirect |
Footnotes
F1: Vested performance shares granted under the PG&E Corporation 2014 Long-Term Incentive Plan for the performance cycle ended 12/31/19. Performance shares are payable in shares of PG&E Corporation common stock on a one-for-one basis.
F2: Includes 160.39 Special Incentive Stock Ownership Premiums (SISOPs) (phantom stock) awarded pursuant to the PG&E Corporation Executive Stock Ownership Program. SISOPs vest three years after the date of grant subject to accelerated vesting upon certain events. Unvested SISOPs are subject to forfeiture if certain stock ownership targets are not met. Vested SISOPs are automatically payable in an equal number of shares following termination of employment.
F3: Represents the approximate number of shares of PG&E Corporation common stock held for the reporting person in the PG&E Corporation Stock Fund of the PG&E Corporation Retirement Savings Plan (RSP). That fund holds units consisting of PG&E Corporation common stock and a small short-term investments component. The number of shares is computed by dividing the value of the units by the daily closing price. Dividends are automatically invested in additional units at the election of the participant. These holdings have been trued up to conform to the RSP balance as of 2/20/20.