Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PNFP | PNFP Common Stock | Tax liability | -$13.2K | -241 | -0.12% | $54.93 | 206K | Mar 31, 2023 | Direct | F1, F2 |
holding | PNFP | PNFP Common Stock | 500 | Mar 31, 2023 | IRA-Spouse | ||||||
holding | PNFP | PNFP Common Stock | 4.27K | Mar 31, 2023 | 401K Plan |
Hugh M. Queener is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
Id | Content |
---|---|
F1 | Effective March 31, 2023, the reporting person retired from Pinnacle Financial Partners, Inc. (the Company) and its wholly-owned bank subsidiary, Pinnacle Bank. In connection with the retirement of the reporting person the Human Resources and Compensation Committee of the Board of Directors of the Company approved the acceleration of the vesting of 608 of the 6,416 restricted share units previously awarded to the reporting person that were unvested as of March 31, 2023, which restricted share units were previously reported in Table I. The shares reflected in column 4 represent shares retained by the Company to cover withholding taxes due upon the restricted share units that were vested in connection with the reporting person's retirement. |
F2 | In connection with his retirement, the reporting person forfeit 5,808 restricted share units previously awarded to him that had previously been reported in Table I. These forfeited restricted share units have been deducted from the amount of shares beneficially owned by the reporting person in column 5. |