The PNC Financial Services Group, Inc. (PNC) Form 4 PNC FINANCIAL SERVICES / PAUL W CHELLGREN ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

CHELLGREN PAUL W

(Last) (First) (Middle)

TOEBBEN EXECUTIVE CENTER

541 BUTTERMILK PIKE, SUITE 207

(Street)

CRESCENT SPRINGS KY 41017

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PNC FINANCIAL SERVICES GROUP, INC. [ PNC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2016

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
$5 Par Common Stock	03/31/2016		M		2,662	A	$0.00(1)	25,780(2)	D
$5 Par Common Stock	03/31/2016		D		2,662	D	$84.57	23,118	D
$5 Par Common Stock	03/31/2016		M		956	A	$0.00(1)	24,074	D
$5 Par Common Stock	03/31/2016		D		956	D	$84.57	23,118	D
$5 Par Common Stock								1,055	I	By Spouse

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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 Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Phantom Stock Unit	(1)	03/31/2016		M			2,662	03/31/2016	03/31/2016	$5 Par Common Stock	2,662	$0.00(1)	29,924(3)	I	Deferred Compensation Plan
Phantom Stock Unit	(4)	04/01/2016		A		333		(4)	(4)	$5 Par Common Stock	333	$85.29	30,257	I	Deferred Compensation Plan
Phantom Stock Unit	(4)	03/31/2016		M			956	03/31/2016	03/31/2016	$5 Par Common Stock	956	$0.00(1)	26,847(5)	I	Deferred Stock Unit Plan

Explanation of Responses:

1. One phantom stock unit was the economic equivalent of one share of The PNC Financial Services Group, Inc. ("PNC") Common Stock. The units were settled in cash and distributed to the reporting person on the transaction date.

2. Includes an aggregate of 117 shares acquired by the reporting person through dividend reinvestment under the Issuer's Dividend Reinvestment subsequent to the date of the reporting person's most recent filing on Form 4.

3. Includes an aggregate of 196 Phantom Stock Units acquired by the reporting person as dividend equivalents under the PNC Deferred Compensation Plan subsequent to the date of the reporting person's most recent filing on Form 4.

4. One phantom stock unit is the economic equivalent of one share of The PNC Financial Services Group, Inc. ("PNC") Common Stock. Phantom stock units will be settled in cash upon distribution to the reporting person and generally do not expire.

5. Includes an aggregate of 167 Phantom Stock Units acquired by the reporting person as dividend equivalents under the PNC Outside Directors Deferred Stock Unit Plan subsequent to the date of the reporting person's most recent filing on Form 4.

Remarks:

See attached footnotes page.

	Christi Davis, Attorney-in-Fact for Paul W. Chellgren	04/04/2016
	** Signature of Reporting Person	Date
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