0001209191-12-009658.txt : 20120213
0001209191-12-009658.hdr.sgml : 20120213
20120213193054
ACCESSION NUMBER: 0001209191-12-009658
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20120209
FILED AS OF DATE: 20120213
DATE AS OF CHANGE: 20120213
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: HANNON MICHAEL J
CENTRAL INDEX KEY: 0001194843
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-09718
FILM NUMBER: 12601545
MAIL ADDRESS:
STREET 1: 249 FIFTH AVE
STREET 2: P1-POPP-30-1
CITY: PITTSBURGH
STATE: PA
ZIP: 15222
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: PNC FINANCIAL SERVICES GROUP, INC.
CENTRAL INDEX KEY: 0000713676
STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021]
IRS NUMBER: 251435979
STATE OF INCORPORATION: PA
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: ONE PNC PLAZA
STREET 2: 249 FIFTH AVENUE
CITY: PITTSBURGH
STATE: PA
ZIP: 15222
BUSINESS PHONE: 412-762-2000
MAIL ADDRESS:
STREET 1: ONE PNC PLAZA
STREET 2: 249 FIFTH AVENUE
CITY: PITTSBURGH
STATE: PA
ZIP: 15222
FORMER COMPANY:
FORMER CONFORMED NAME: PNC FINANCIAL SERVICES GROUP INC
DATE OF NAME CHANGE: 20000327
FORMER COMPANY:
FORMER CONFORMED NAME: PNC BANK CORP
DATE OF NAME CHANGE: 19930505
FORMER COMPANY:
FORMER CONFORMED NAME: PNC BANK CORP /PA/
DATE OF NAME CHANGE: 19930428
4
1
doc4.xml
FORM 4 SUBMISSION
X0304
4
2012-02-09
0
0000713676
PNC FINANCIAL SERVICES GROUP, INC.
PNC
0001194843
HANNON MICHAEL J
ONE PNC PLAZA
249 FIFTH AVENUE
PITTSBURGH
PA
15222-2707
0
1
0
0
Executive Vice President
$5 Par Common Stock
2012-02-09
4
A
0
389
0.00
A
45638
D
$5 Par Common Stock
2012-02-09
4
F
0
132
60.45
D
45506
D
$5 Par Common Stock
2012-02-09
4
A
0
1148
0.00
A
46654
D
$5 Par Common Stock
2012-02-09
4
F
0
369
60.45
D
46285
D
$5 Par Common Stock
7129
I
401(k) Plan
$5 Par Common Stock
136
I
UTMA by Spouse for Son/BR
$5 Par Common Stock
137
I
UTMA by Spouse for Son/CR
$5 Par Common Stock
7
I
UTMA by Self for Son/BM
$5 Par Common Stock
7
I
UTMA by Self for Son/SP
On February 9, 2011, the Personnel and Compensation Committee of the PNC Board of Directors granted performance based restricted share units to the reporting person. The grant was expressed as a "target" number of share units, with payout contingent on PNC having achieved related performance criteria. The share units pay out, if at all, in shares of PNC common stock, with any accrued dividend equivalents being paid out in cash. Subject to the Committee's discretion, the target number of share units may be reduced (down to 75% of target) or increased (up to 125% of target), based on PNC's total shareholder return for the prior fiscal year. The reporting person received the target amount of units (including dividend equivalents), less a reduction of 3.06% based on the total shareholder return for PNC for the year ended December 31, 2011, which resulted in the vesting of 389 shares of PNC common stock.
Shares have been withheld to cover the reporting person's tax liability in connection with the performance based restricted share units granted on February 9, 2011 and awarded on February 9, 2012.
On February 9, 2011, the Personnel and Compensation Committee of the PNC Board of Directors granted performance based restricted share units to the reporting person. The grant was expressed as a "target" number of share units, with payout contingent on PNC having achieved related performance criteria. The share units pay out, if at all, in shares of PNC common stock, with any accrued dividend equivalents being paid out in cash. Subject to the Committee's discretion, the target number of share units may be reduced (down to 75% of target) or increased (up to 125% of target), based on PNC's total shareholder return for the prior fiscal year. The reporting person received the target amount of units (including dividend equivalents), less a reduction of 3.06% based on the total shareholder return for PNC for the year ended December 31, 2011, which resulted in the vesting of 1148 shares of PNC common stock.
The amount of securities beneficially owned represents the number of shares of common stock indirectly held for the account of the reporting person under The PNC Financial Services Group, Inc. ("PNC") Incentive Savings Plan (the "ISP"). Shares of PNC common stock are not directly allocated to ISP participants, but instead are held in a unitized fund, approximately 98% of which consists of PNC common stock, and the remainder of which is invested in a money market fund. The amount of securities beneficially owned reflects 40 shares indirectly acquired for the account of the reporting person under the ISP in transactions exempt from reporting under Rule 16a-3(f)(1)(i)(B) that occurred subsequent to the date of the reporting person's most recent filing on Form 4 providing Table I information. The percentage of assets in the unitized fund investment option that are deemed to be invested in PNC common stock may vary from time to time.
George P. Long, III Attorney-in-Fact for Michael J. Hannon
2012-02-13