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PNC » Topics » Option Exercises & Stock Vested in Fiscal 2007

This excerpt taken from the PNC DEF 14A filed Mar 28, 2008.

Option Exercises & Stock Vested in Fiscal 2007

 

Name

    Option Awards    Stock Awards
   Number of Shares
Acquired on
Exercise (#)		    Value Realized on
Exercise ($)		    Number of Shares
Acquired on Vesting
(#)		    Value Realized on
Vesting
($)
     (a)    (b)    (c)    (d)

James E. Rohr

    307,778    $ 5,337,000    124,903    $ 9,209,000

Richard J. Johnson

    —      $ —      7,066    $ 522,000

William S. Demchak

    171,598    $ 3,630,000    57,902    $ 4,260,000

Joseph C. Guyaux

    139,586    $ 2,779,000    70,181    $ 5,162,000

Timothy G. Shack

    111,123    $ 1,872,000    51,020    $ 3,752,000

Edward J. Kelly, III

    —      $ —      84,288    $ 5,620,000

 

(a)   If an officer exercised options with “reload” features in 2007, this column includes the gross amount of shares received by the officer in connection with the exercise of the reloaded option. For more information on reload options, please see page 39.

 

(b)   The dollar amount in this column includes the value realized upon the exercise of various options throughout 2007. This amount was computed by determining the difference between the average of the high and low sales prices of our common stock on the date of exercise (as reported in The Wall Street Journal), less the exercise price.

 

(c)   The number of shares in this column includes shares that vested and were withheld for tax purposes. The number of shares also includes the following number of restricted phantom common stock units previously deferred by Messrs. Rohr (13,786), Johnson (1,516), Demchak (5,349) and Shack (3,722).

 

(d)   The dollar amount in this column includes the value realized upon the vesting of other restricted stock grants.

 

63

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"Option Exercises & Stock Vested in Fiscal 2007" elsewhere:

SunTrust Banks (STI)
Associated Banc-Corp (ASBC)
BB&T (BBT)
Commerce Bancshares (CBSH)
East West Bancorp (EWBC)
First Horizon National Corporation (FHN)
Huntington Bancshares (HBAN)
Marshall & Ilsley (MI)
Old National Bancorp Capital Trust I (ONB)
Synovus Financial (SNV)
Wilmington Trust (WL)
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