0001209191-19-009929.txt : 20190213
0001209191-19-009929.hdr.sgml : 20190213
20190213205216
ACCESSION NUMBER: 0001209191-19-009929
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190211
FILED AS OF DATE: 20190213
DATE AS OF CHANGE: 20190213
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: 19600096
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: THE TOWER AT PNC PLAZA
STREET 2: 300 FIFTH AVENUE
CITY: PITTSBURGH
STATE: PA
ZIP: 15222-2401
BUSINESS PHONE: 888-762-2265
MAIL ADDRESS:
STREET 1: THE TOWER AT PNC PLAZA
STREET 2: 300 FIFTH AVENUE
CITY: PITTSBURGH
STATE: PA
ZIP: 15222-2401
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
X0306
4
2019-02-11
0
0000713676
PNC FINANCIAL SERVICES GROUP, INC.
PNC
0001194843
HANNON MICHAEL J
THE TOWER AT PNC PLAZA
300 FIFTH AVENUE
PITTSBURGH
PA
15222-2707
0
1
0
0
Executive Vice President
$5 Par Common Stock
2019-02-11
4
A
0
743
0.00
A
53982
D
$5 Par Common Stock
2019-02-11
4
F
0
251
121.57
D
53731
D
$5 Par Common Stock
2019-02-12
4
A
0
3674
0.00
A
57405
D
$5 Par Common Stock
2019-02-12
4
F
0
1061
123.15
D
56344
D
On February 11, 2019, 743 shares of The PNC Financial Services Group, Inc. ("PNC") common stock vested following approval by the Personnel and Compensation Committee of the PNC Board of Directors (the "Committee") on January 30, 2019 of a payout of 125% based on performance against established criteria of previously granted performance based restricted share units to the reporting person. The shares vested pursuant to an award granted on February 11, 2016, expressed as a "target" number of share units, with payout contingent on PNC having achieved related performance criteria. Pursuant to the award, the share units pay out, if at all, in shares of PNC common stock, and any accrued dividend equivalents are 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 total shareholder return for the prior fiscal year.
Represents shares withheld to cover the reporting person's tax liability in connection with the shares of PNC common stock that vested on February 11, 2019 pursuant to the award of performance based restricted share units granted on February 11, 2016.
On February 12, 2019, 3,674 shares of PNC common stock vested following approval by the Committee on the same date of a payout of 102.61% based on performance against established criteria of previously granted incentive performance units to the reporting person. The shares vested pursuant to an award granted on February 11, 2016, expressed as a "target" number of share units, with payout contingent on PNC having achieved related performance criteria. Pursuant to the award, the share units pay out, if at all, in shares of PNC common stock up to the target amount and in cash for the amount above target, and any accrued dividend equivalents are paid out in cash.
Represents shares withheld to cover the reporting person's tax liability in connection with the shares of PNC common stock that vested on February 12, 2019 pursuant to the award of incentive performance units granted on February 11, 2016.
Alicia G. Powell, Attorney-in-Fact for Michael J. Hannon
2019-02-13