0001209191-19-011470.txt : 20190220
0001209191-19-011470.hdr.sgml : 20190220
20190220153135
ACCESSION NUMBER: 0001209191-19-011470
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190215
FILED AS OF DATE: 20190220
DATE AS OF CHANGE: 20190220
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Rockey Joseph E
CENTRAL INDEX KEY: 0001632527
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-09718
FILM NUMBER: 19618120
MAIL ADDRESS:
STREET 1: 249 FIFTH AVENUE
STREET 2: MAILSTOP: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
2019-02-15
0
0000713676
PNC FINANCIAL SERVICES GROUP, INC.
PNC
0001632527
Rockey Joseph E
THE TOWER AT PNC PLAZA
300 FIFTH AVENUE
PITTSBURGH
PA
15222-2707
0
1
0
0
Executive Vice President
$5 Par Common Stock
2019-02-15
4
A
0
1668
0.00
A
18710
D
$5 Par Common Stock
2019-02-15
4
F
0
476
124.15
D
18234
D
$5 Par Common Stock
2019-02-16
4
A
0
718
0.00
A
18952
D
$5 Par Common Stock
2019-02-16
4
F
0
205
124.15
D
18747
D
On February 15, 2019, 1,668 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 100% based on the satisfaction of the reporting person's service requirements and the organization's risk-based performance against established criteria as of the last day of the performance year. The shares vested pursuant to an award granted on February 15, 2018, expressed as a number of share units, with payout contingent on achievement of risk-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 number of share units may be reduced (down to 0%) but may not exceed 100%.
Represents shares withheld to cover the reporting person's tax liability in connection with the shares of PNC common stock that vested on February 15, 2019 pursuant to the award of restricted share units granted on February 15, 2018.
On February 16, 2019, 718 shares of PNC common stock vested following approval by the Committee on January 30, 2019 of a payout of 83.02% 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 16, 2017, 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 16, 2019 pursuant to the award of performance based restricted share units granted on February 16, 2017.
Alicia G. Powell. Attorney-in-Fact for Joseph E. Rockey
2019-02-20