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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Phantom Stock Unit | (2) | 07/24/2009 | J(3) | V | 9 | (4) | (4) | $5 Par Common Stock | 9 | $ 36.6 | 3,372 | I | Deferred Compensation Plan | ||
Phantom Stock Unit | (2) | 10/26/2009 | J(3) | V | 6 | (4) | (4) | $5 Par Common Stock | 6 | $ 51.53 | 3,378 | I | Deferred Compensation Plan | ||
Phantom Stock Unit | (2) | 01/25/2010 | J(3) | V | 6 | (4) | (4) | $5 Par Common Stock | 6 | $ 54.66 | 3,384 | I | Deferred Compensation Plan | ||
Phantom Stock Unit | (2) | 04/26/2010 | J(3) | V | 5 | (4) | (4) | $5 Par Common Stock | 5 | $ 69.23 | 3,389 | I | Deferred Compensation Plan | ||
Phantom Stock Unit | (2) | 07/24/2010 | J(3) | V | 6 | (4) | (4) | $5 Par Common Stock | 6 | $ 60.4 | 3,395 | I | Deferred Compensation Plan | ||
Phantom Stock Unit | (2) | 10/24/2010 | J(3) | V | 6 | (4) | (4) | $5 Par Common Stock | 6 | $ 54.14 | 3,401 | I | Deferred Compensation Plan | ||
Phantom Stock Unit | (2) | 01/24/2011 | J(3) | V | 6 | (4) | (4) | $5 Par Common Stock | 6 | $ 60.92 | 3,407 | I | Deferred Compensation Plan |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
GULLEY JOAN L ONE PNC PLAZA 249 FIFTH AVENUE PITTSBURGH, PA 15222-2707 |
EVP & Chief HR Officer |
George P. Long, III, Attorney-in-Fact for Joan L. Gulley | 02/10/2011 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | On January 15, 2008, the Personnel and Compensation Committee of the PNC Board of Directors granted an incentive performance unit opportunity to the reporting person. The grant was expressed as a "target" number of share units, and was adjusted for dividend equivalents over the three-year performance period. Subject to the Committee's discretion, the reporting person is eligible to receive shares of PNC common stock (if PNC meets specified performance criteria up to the target level) and/or cash (if the performance criteria exceeds the target level). PNC exceeded the target level performance criteria, which resulted in the vesting of 4,000 shares of PNC common stock. |
(2) | One phantom stock unit is the economic equivalent of one share of The PNC Financial Services Group, Inc. ("PNC") Common Stock. |
(3) | Phantom Stock Units received as dividend equivalents under the PNC Deferred Compensation Plan. |
(4) | Phantom Stock Units will be settled in cash upon distribution from the reporting person's plan account and generally do not expire. |