Robert Edgar Smith - 17 Oct 2023 Form 4 Insider Report for PINNACLE WEST CAPITAL CORP (PNW)

Role
EVP, GC, and CDO
Signature
/s/ Diane Wood, Attorney-in-Fact
Issuer symbol
PNW
Transactions as of
17 Oct 2023
Net transactions value
-$104,062
Form type
4
Filing time
19 Oct 2023, 16:51:35 UTC
Previous filing
23 Feb 2023
Next filing
11 Dec 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PNW Common Stock Award $0 +2,826 +32% $0.000000 11,678 17 Oct 2023 Direct F1
transaction PNW Common Stock Tax liability $89,054 -1,169 -10% $76.18 10,509 17 Oct 2023 Direct F2
transaction PNW Common Stock Award $0 +476 +4.5% $0.000000 10,985 17 Oct 2023 Direct F3
transaction PNW Common Stock Tax liability $15,007 -197 -1.8% $76.18 10,788 17 Oct 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares acquired upon the vesting of a portion of the performance shares granted in 2020 that were tied to the operational performance metric.
F2 Shares retained by the Company for the purpose of meeting tax withholding requirements. The recipient retained all other shares.
F3 Represents shares of common stock received by the individual in settlement of dividend rights that vested in connection with the performance shares that vested on October 17, 2023.