Principal Accounting Officer Hedges Nancy L exercised 2,920 units of $.01 PV Com Stk at a strike of $29.82, covered exercise/tax liability with 2,049 units of $.01 PV Com Stk and exercised 680 units of $.01 PV CL B STK at a strike of $29.07, decreasing direct ownership by 95% to 1,287 units (SEC Form 4)