Schedule of 2006 Officer Award Values under the PG&E Corporation 2006 Long-Term Incentive Plan

EX-10.25 9 ex10-25.htm SCHEDULE OF 2006 AWARD VALUES UNDER THE PG&E CORPORATION 2006 LONG-TERM INCENTIVE PLAN FOR CERTAIN OFFICERS OF PG&E CORPORATION AND ITS SUBSIDIARIES Schedule of 2006 award values under the PG&E Corporation 2006 Long-Term Incentive Plan for certain officers of PG&E Corporation and its subsidiaries


 
 
Exhibit 10.25
Schedule of 2006 Officer Award Values under the PG&E Corporation 2006 Long-Term Incentive Plan

The total values of equity awards made under the 2006 Long-Term Incentive Plan (LTIP) on January 3, 2006 to certain executive officers of PG&E Corporation and the Utility are as follows:

Name and Title
2006 LTIP Award Value
Peter A. Darbee, Chairman of the Boards, Chief Executive Officer and President, PG&E Corporation
$3,500,000
Thomas B. King, President and Chief Executive Officer, Utility
$1,450,000
Christopher P. Johns, Senior Vice President, Chief Financial Officer and Treasurer, PG&E Corporation and Utility
$900,000
Bruce R. Worthington, Senior Vice President and General Counsel, PG&E Corporation
$800,000
Rand L. Rosenberg, Senior Vice President, Corporate Strategy and Development
$800,000

The equity awards were divided equally between restricted stock and performance shares based on a per share price of PG&E Corporation common stock of $35.929, the average closing price of PG&E Corporation common stock on the New York Stock Exchange for the month of November 2005.