Jeffrey B. Guldner - Oct 17, 2023 Form 4 Insider Report for PINNACLE WEST CAPITAL CORP (PNW)

Role
Chairman, President and CEO, Director
Signature
/s/ Diane Wood, Attorney-in-Fact
Stock symbol
PNW
Transactions as of
Oct 17, 2023
Transactions value $
-$583,996
Form type
4
Date filed
10/19/2023, 04:56 PM
Previous filing
Feb 23, 2023
Next filing
Feb 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PNW Common Stock Award $0 +15.3K +39.27% $0.00 54.3K Oct 17, 2023 Direct F1
transaction PNW Common Stock Tax liability -$500K -6.56K -12.08% $76.18 47.7K Oct 17, 2023 Direct F2
transaction PNW Common Stock Award $0 +2.58K +5.41% $0.00 50.3K Oct 17, 2023 Direct F3
transaction PNW Common Stock Tax liability -$84.3K -1.11K -2.2% $76.18 49.2K Oct 17, 2023 Direct F2
holding PNW Common Stock 132 Oct 17, 2023 by 401K
* 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.