0000950157-20-000858.txt : 20200707 0000950157-20-000858.hdr.sgml : 20200707 20200707160705 ACCESSION NUMBER: 0000950157-20-000858 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20200701 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20200707 DATE AS OF CHANGE: 20200707 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PG&E Corp CENTRAL INDEX KEY: 0001004980 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 943234914 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-12609 FILM NUMBER: 201016196 BUSINESS ADDRESS: STREET 1: 77 BEALE STREET STREET 2: P.O. BOX 770000 CITY: SAN FRANCISCO STATE: CA ZIP: 94177 BUSINESS PHONE: 4159731000 MAIL ADDRESS: STREET 1: 77 BEALE STREET STREET 2: P.O. BOX 770000 CITY: SAN FRANCISCO STATE: CA ZIP: 94177 FORMER COMPANY: FORMER CONFORMED NAME: PG&E CORP DATE OF NAME CHANGE: 19961219 FORMER COMPANY: FORMER CONFORMED NAME: PG&E PARENT CO INC DATE OF NAME CHANGE: 19951214 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PACIFIC GAS & ELECTRIC Co CENTRAL INDEX KEY: 0000075488 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 940742640 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-02348 FILM NUMBER: 201016195 BUSINESS ADDRESS: STREET 1: 77 BEALE ST STREET 2: P O BOX 770000 CITY: SAN FRANCISCO STATE: CA ZIP: 94177 BUSINESS PHONE: 4159737000 MAIL ADDRESS: STREET 1: 77 BEALE STREET STREET 2: P O BOX 770000 CITY: SAN FRANCISCO STATE: CA ZIP: 94177 FORMER COMPANY: FORMER CONFORMED NAME: PACIFIC GAS & ELECTRIC CO DATE OF NAME CHANGE: 19920703 8-K/A 1 form8-ka.htm CURRENT REPORT



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549



FORM 8-K/A
(Amendment No. 1)



CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934



Date of Report: July 1, 2020
(Date of earliest event reported)



Commission File Number
 
Exact Name of Registrant
as specified in its charter
 
State or Other Jurisdiction of Incorporation or Organization
 
IRS Employer Identification Number
001-12609
 
PG&E CORPORATION
 
California
 
94-3234914
001-02348
 
PACIFIC GAS AND ELECTRIC COMPANY
 
California
 
94-0742640

 graphic
   graphic
77 BEALE STREET
 
77 BEALE STREET
P.O. BOX 770000
 
P.O. BOX 770000
SAN FRANCISCO, California 94177
 
SAN FRANCISCO, California 94177
(Address of principal executive offices) (Zip Code)
 
(Address of principal executive offices) (Zip Code)
(415) 973-1000
 
(415) 973-7000
(Registrants telephone number, including area code)
 
(Registrants telephone number, including area code)
     

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):


Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class
Trading Symbol(s)
Name of each exchange
on which registered
Common stock, no par value
PCG
The New York Stock Exchange
Equity Unit
PCGU
The New York Stock Exchange
First preferred stock, cumulative, par value $25 per share, 5% series A redeemable
PCG-PE
NYSE American LLC
First preferred stock, cumulative, par value $25 per share, 5% redeemable
PCG-PD
NYSE American LLC
First preferred stock, cumulative, par value $25 per share, 4.80% redeemable
PCG-PG
NYSE American LLC
First preferred stock, cumulative, par value $25 per share, 4.50% redeemable
PCG-PH
NYSE American LLC
First preferred stock, cumulative, par value $25 per share, 4.36% series A redeemable
PCG-PI
NYSE American LLC
First preferred stock, cumulative, par value $25 per share, 6% nonredeemable
PCG-PA
NYSE American LLC
First preferred stock, cumulative, par value $25 per share, 5.50% nonredeemable
PCG-PB
NYSE American LLC
First preferred stock, cumulative, par value $25 per share, 5% nonredeemable
PCG-PC
NYSE American LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company
PG&E Corporation

Emerging growth company
Pacific Gas and Electric Company


If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

PG&E Corporation
Pacific Gas and Electric Company






Explanatory Note

On July 2, 2020, PG&E Corporation (the “Corporation”) and Pacific Gas and Electric Company (the “Utility”) filed a Current Report on Form 8-K (the “Original Form 8-K”) reporting under Item 5.02 the appointment of eleven new directors to the Board of Directors (the “Board”) of the Corporation and the appointment of eight new directors to the Board (together with the Board of the Corporation, the “Boards”) of the Utility. New Chairs of the Boards and committee assignments had not been determined as of the filing of the Original Form 8-K. This Current Report on Form 8-K/A is being filed for the purpose of amending Item 5.02 of the Original Form 8-K to provide an update on the effective date of the appointments and the new Chairs of the Boards and committee assignments. This Current Report on Form 8-K/A does not amend or modify the Original Form 8-K in any other respect.





Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

As previously reported, on July 1, 2020, the Board of the Corporation appointed eleven new directors (the “New Directors”) to the Corporation’s Board, effective as of July 1, 2020 (the “Effective Time”). Also on July 1, 2020, the Board of the Utility appointed eight of the eleven New Directors, with the exception of Jessica L. Denecour, Robert C. Flexon and Michael R. Niggli, to the Utility’s Board, effective as of the Effective Time.  As previously disclosed, Jessica L. Denecour, Robert C. Flexon and Michael R. Niggli will not be seated on the Board of the Utility pending resolution of the matters that are the subject of the Waiver Application (as defined in the Original 8-K) pending before the Federal Energy Regulatory Commission.

On July 2, 2020, the Boards of the Corporation and the Utility held concurrent in-person Board meetings.  On July 2, 2020, the Board of the Corporation appointed Robert C. Flexon to serve as the independent non-executive Chair of the Board of the Corporation, and the Board of the Utility appointed Dean L. Seavers to serve as the independent non-executive Chair of the Board of the Utility, effective immediately.  In addition, effective as of July 2, 2020 except as indicated, the membership of the committees of the Boards of the Corporation and the Utility is as described below:

Audit Committees (of each of the Corporation and the Utility)
Benjamin F. Wilson (Chair)
Rajat Bahri
Kerry W. Cooper
Robert C. Flexon*

Compensation Committee (of the Corporation)
Mark E. Ferguson III (Chair)
Jessica L. Denecour
Robert C. Flexon
Oluwadara J. Treseder

Compliance and Public Policy Committee (of the Corporation)
John M. Woolard (Chair)
Cheryl F. Campbell
Kerry W. Cooper
William Craig Fugate
Arno L. Harris

Executive Committees (of each of the Corporation and the Utility)
Robert C. Flexon* (Chair, Corporation Executive Committee)
Dean L. Seavers (Chair, Utility Executive Committee)
Cheryl F. Campbell
Jessica L. Denecour*
Mark E. Ferguson III
William L. Smith
Andrew M. Vesey**
Benjamin F. Wilson
John M. Woolard

Finance Committee (of the Corporation)
Dean L. Seavers (Chair)
Kerry W. Cooper
Arno L. Harris
Michael R. Niggli
Oluwandara J. Treseder

Nominating and Governance Committee (of the Corporation)
Robert C. Flexon (Chair)
Jessica L. Denecour
Dean L. Seavers
Benjamin F. Wilson





Safety and Nuclear Oversight Committees (of each of the Corporation and the Utility)
Cheryl F. Campbell (Chair)
William Craig Fugate
Mark E. Ferguson III
Michael R. Niggli*
Dean L. Seavers

Technology and Cybersecurity Committee (of the Corporation)
Jessica L. Denecour (Chair)
Rajat Bahri
Mark E. Ferguson III
Michael R. Niggli
John M. Woolard

* Indicates membership on the applicable committee of the Corporation only until such director’s election to the Utility Board.
** Indicates membership on the Executive Committee of the Utility Board only.

As of April 29, 2020, the Corporation has established a Technology and Cybersecurity Committee of the Board.  






SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on their behalf by the undersigned thereunto duly authorized.


  PG&E CORPORATION  
       
Dated: July 7, 2020
By:
/s/ JANET C. LODUCA  
    Name: Janet C. Loduca  
    Title: Senior Vice President and General Counsel  
       

  PACIFIC GAS AND ELECTRIC COMPANY  
       
Dated: July 7, 2020
By:
/s/ BRIAN M. WONG  
    Name: Brian M. Wong  
    Title: Vice President, Deputy General Counsel and Corporate Secretary  
       



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BOX 770000 P.O. BOX 770000 SAN FRANCISCO CA 94177 SAN FRANCISCO CA 94177 415 973-1000 415 973-7000 false false false false Common stock, no par value PCG NYSE Equity Unit PCGU NYSE First preferred stock, cumulative, par value $25 per share, 5% series A redeemable PCG-PE NYSEAMER First preferred stock, cumulative, par value $25 per share, 5% redeemable PCG-PD NYSEAMER First preferred stock, cumulative, par value $25 per share, 4.80% redeemable PCG-PG NYSEAMER First preferred stock, cumulative, par value $25 per share, 4.50% redeemable PCG-PH NYSEAMER First preferred stock, cumulative, par value $25 per share, 4.36% series A redeemable PCG-PI NYSEAMER First preferred stock, cumulative, par value $25 per share, 6% nonredeemable PCG-PA NYSEAMER First preferred stock, cumulative, par value $25 per share, 5.50% nonredeemable PCG-PB NYSEAMER First preferred stock, cumulative, par value $25 per share, 5% nonredeemable PCG-PC NYSEAMER false false XML 9 R1.htm IDEA: XBRL DOCUMENT v3.20.2
Document and Entity Information
Jul. 01, 2020
Entity Information [Line Items]  
Document Type 8-K/A
Amendment Flag false
Document Period End Date Jul. 01, 2020
Entity Registrant Name PG&E CORPORATION
Entity Incorporation, State or Country Code CA
Entity File Number 001-12609
Entity Tax Identification Number 94-3234914
Entity Address, Address Line One 77 BEALE STREET
Entity Address, Address Line Two P.O. BOX 770000
Entity Address, City or Town SAN FRANCISCO
Entity Address, State or Province CA
Entity Address, Postal Zip Code 94177
City Area Code 415
Local Phone Number 973-1000
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Entity Emerging Growth Company false
Entity Central Index Key 0001004980
The New York Stock Exchange [Member] | Common Stock [Member]  
Entity Information [Line Items]  
Title of 12(b) Security Common stock, no par value
Trading Symbol PCG
Security Exchange Name NYSE
The New York Stock Exchange [Member] | Equity Unit [Member]  
Entity Information [Line Items]  
Title of 12(b) Security Equity Unit
Trading Symbol PCGU
Security Exchange Name NYSE
NYSE American LLC [Member] | First preferred stock, cumulative, par value $25 per share, 5% series A redeemable [Member]  
Entity Information [Line Items]  
Title of 12(b) Security First preferred stock, cumulative, par value $25 per share, 5% series A redeemable
Trading Symbol PCG-PE
Security Exchange Name NYSEAMER
NYSE American LLC [Member] | First preferred stock, cumulative, par value $25 per share, 5% redeemable [Member]  
Entity Information [Line Items]  
Title of 12(b) Security First preferred stock, cumulative, par value $25 per share, 5% redeemable
Trading Symbol PCG-PD
Security Exchange Name NYSEAMER
NYSE American LLC [Member] | First preferred stock, cumulative, par value $25 per share, 4.80% redeemable [Member]  
Entity Information [Line Items]  
Title of 12(b) Security First preferred stock, cumulative, par value $25 per share, 4.80% redeemable
Trading Symbol PCG-PG
Security Exchange Name NYSEAMER
NYSE American LLC [Member] | First preferred stock, cumulative, par value $25 per share, 4.50% redeemable [Member]  
Entity Information [Line Items]  
Title of 12(b) Security First preferred stock, cumulative, par value $25 per share, 4.50% redeemable
Trading Symbol PCG-PH
Security Exchange Name NYSEAMER
NYSE American LLC [Member] | First preferred stock, cumulative, par value $25 per share, 4.36% series A redeemable [Member]  
Entity Information [Line Items]  
Title of 12(b) Security First preferred stock, cumulative, par value $25 per share, 4.36% series A redeemable
Trading Symbol PCG-PI
Security Exchange Name NYSEAMER
NYSE American LLC [Member] | First preferred stock, cumulative, par value $25 per share, 6% nonredeemable [Member]  
Entity Information [Line Items]  
Title of 12(b) Security First preferred stock, cumulative, par value $25 per share, 6% nonredeemable
Trading Symbol PCG-PA
Security Exchange Name NYSEAMER
NYSE American LLC [Member] | First preferred stock, cumulative, par value $25 per share, 5.50% nonredeemable [Member]  
Entity Information [Line Items]  
Title of 12(b) Security First preferred stock, cumulative, par value $25 per share, 5.50% nonredeemable
Trading Symbol PCG-PB
Security Exchange Name NYSEAMER
NYSE American LLC [Member] | First preferred stock, cumulative, par value $25 per share, 5% nonredeemable [Member]  
Entity Information [Line Items]  
Title of 12(b) Security First preferred stock, cumulative, par value $25 per share, 5% nonredeemable
Trading Symbol PCG-PC
Security Exchange Name NYSEAMER
PACIFIC GAS AND ELECTRIC COMPANY [Member]  
Entity Information [Line Items]  
Entity Registrant Name PACIFIC GAS AND ELECTRIC COMPANY
Entity Incorporation, State or Country Code CA
Entity File Number 001-02348
Entity Tax Identification Number 94-0742640
Entity Address, Address Line One 77 BEALE STREET
Entity Address, Address Line Two P.O. BOX 770000
Entity Address, City or Town SAN FRANCISCO
Entity Address, State or Province CA
Entity Address, Postal Zip Code 94177
City Area Code 415
Local Phone Number 973-7000
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Entity Central Index Key 0000075488
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