PNC » Topics » Option Exercises and Stock Vested in Fiscal 2008
This excerpt taken from the PNC DEF 14A filed Mar 19, 2009.
Option Exercises and Stock Vested in Fiscal 2008
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)
James E. Rohr
151,945
$
2,077,000
18,696
$
1,179,000
Richard J. Johnson
20,000
$
552,000
4,587
$
274,000
William S. Demchak
65,294
$
1,163,000
7,156
$
451,000
Joseph C. Guyaux
44,334
$
1,001,000
9,151
$
577,000
Timothy G. Shack
58,665
$
595,000
4,920
$
310,000
(a)
The dollar amount in this column includes the value realized upon the exercise of various options throughout 2008. 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.
(b)
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. Johnson (2,087) and Demchak (7,156).
(c)
The dollar amount in this column includes the value realized upon the vesting of other restricted stock grants.