Actionable news
0
All posts from Actionable news
Actionable news in PNC: PNC FINANCIAL SERVICES GROUP,

PNC Financial Services Group's Executive Vice President just picked up 3,715 shares

Wyk Steven Van, PNC Financial Services Group's Executive Vice President, recently acquired 3,715 shares of the company. The buys took place at prices ranging from $0.00 to $81.59 per share, on dates ranging from February 13 to February 14, 2016. Van now owns 22,808 shares of the company. Van operates out of Pittsburgh, PA. Some additional info was provided as follows:

On February 13, 2016, 2468 shares of PNC Common Stock vested following the approval of the Personnel and Compensation Committee of the PNC Board of Directors on January 28, 2016 of a payout of 106.81% based on performance against established criteria of previously granted performance based restricted share units to the reporting person. The grant was made on February 13, 2014 and was expressed as a "t arget" 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 total shareholder return for the prior fiscal year. Represents shares withheld to...

More