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PNC FINANCIAL SERVICES GROUP, INC. — Director's Dealing 2021
Feb 18, 2021
29908_dirs_2021-02-18_32030d45-b98f-47bb-adcf-f3b31373d593.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PNC FINANCIAL SERVICES GROUP, INC. (PNC)
CIK: 0000713676
Period of Report: 2021-02-16
Reporting Person: DEMCHAK WILLIAM S (President/CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-16 | $5 Par Common Stock | A | 6466 | $169.91 | Acquired | 441999 | Direct |
| 2021-02-16 | $5 Par Common Stock | F | 2941 | $169.91 | Disposed | 439058 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| $5 Par Common Stock | 2339 | Indirect |
Footnotes
F1: On February 16, 2021, 6,466 shares of The PNC Financial Services Group, Inc. ("PNC") common stock vested pursuant to an award of performance-based restricted share units granted to the reporting person on February 16, 2017 (the "2017 PRSUs"), following approval by the Personnel and Compensation Committee of a payout of 97.30% based on achievement against performance criteria established under the award. Pursuant to the award, the 2017 PRSUs pay out in shares of PNC common stock, and any accrued dividend equivalents are paid out in cash.
F2: Represents shares withheld to cover the reporting person's tax liability in connection with the vesting of the 2017 PRSUs.