XML 72 R42.htm IDEA: XBRL DOCUMENT v3.22.4
COMMON STOCK AND SHARE-BASED COMPENSATION (Tables)
 12 Months Ended
Dec. 31, 2022
Common Stock And Share-Based Compensation [Abstract]  
Schedule of Compensation Expense for Share-based Incentive Awards The following table provides a summary of total share-based compensation expense recognized by PG&E Corporation for share-based incentive awards for 2022:
(in millions)
202220212020
Stock Options$— $— $3 
Restricted stock units60 35 15 
Performance shares55 21 17 
Total compensation expense (pre-tax)$115 $56 $35 
Total compensation expense (after-tax)$83 $40 $25 
Summary of Stock Option Activity
The following table summarizes stock option activity for PG&E Corporation and the Utility for 2022:
Number of
Stock Options		Weighted Average Grant-
Date Fair Value		Weighted Average Remaining Contractual TermAggregate Intrinsic Value
Outstanding at January 12,195,834 $7.42 $— 
Granted (1)
— — — 
Exercised— — — 
Forfeited or expired(43,702)10.23 — 
Outstanding at December 312,152,132 7.36 2.41— 
Vested or expected to vest at December 312,152,132 7.36 2.41— 
Exercisable at December 312,152,132 $7.36 2.41$— 
(1) Represents additional payout of existing stock option grants.
Schedule of Restricted Stock Units The following table summarizes restricted stock unit activity for 2022:
Number of
Restricted Stock Units		Weighted Average Grant-
Date Fair Value
Nonvested at January 110,090,375 $11.00 
Granted5,850,945 11.40 
Vested(4,175,008)10.96 
Forfeited(788,192)11.18 
Nonvested at December 3110,978,120 $11.21 
Schedule of Performance Shares The following table summarizes activity for performance shares in 2022:
Number of
Performance Shares		Weighted Average Grant-
Date Fair Value
Nonvested at January 18,567,009 $9.64 
Granted3,105,604 13.44 
Vested— — 
Forfeited
(650,559)10.15 
Nonvested at December 3111,022,054 $10.68