4//SEC Filing
PG&E Fire Victim Trust 4
Accession 0000899243-22-014969
CIK 0001004980other
Filed
Apr 17, 8:00 PM ET
Accepted
Apr 18, 4:26 PM ET
Size
6.3 KB
Accession
0000899243-22-014969
Insider Transaction Report
Form 4
PG&E CorpPCG
PG&E Fire Victim Trust
10% Owner
Transactions
- Sale
Common Stock
2022-04-14$12.04/sh−60,000,000$722,400,000→ 377,743,590 total
Footnotes (2)
- [F1]The shares of common stock (the "Common Stock") of PG&E Corporation (the "Issuer") reported herein are held directly by the PG&E Fire Victim Trust (the "Trust"). The Hon. John K. Trotter (Ret.) serves as the trustee (the "Trustee") of the Trust and, solely in such capacity, may be deemed to have beneficial ownership in the shares of Common Stock held by the Trust. The Trustee has no pecuniary interest in the shares of Common Stock held by the Trust and specifically disclaims beneficial ownership of such shares.
- [F2]Pursuant to the Issuer's Plan of Reorganization (the "Plan"), effective as of July 1, 2020 (the "Effective Date"), in certain circumstances the Issuer is required to issue additional shares of Common Stock to the Trust if, after the Effective Date, the Issuer issues additional shares of Common Stock pursuant to the Plan. The number of additional shares to be issued to the Trust is determined such that the Trust would have owned 22.19% of the outstanding Common Stock (as calculated pursuant to the Plan), assuming that any such additional issuances had occurred on the Effective Date.
Documents
Issuer
PG&E Corp
CIK 0001004980
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001816434
Filing Metadata
- Form type
- 4
- Filed
- Apr 17, 8:00 PM ET
- Accepted
- Apr 18, 4:26 PM ET
- Size
- 6.3 KB