Hugh M. Queener - 31 Mar 2023 Form 4 Insider Report for PINNACLE FINANCIAL PARTNERS INC (PNFP)

Role
Former CAO
Signature
/s/ Hugh M. Queener
Issuer symbol
PNFP
Transactions as of
31 Mar 2023
Net transactions value
-$13,238
Form type
4
Filing time
04 Apr 2023, 20:53:40 UTC
Previous filing
02 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PNFP PNFP Common Stock Tax liability $13,238 -241 -0.12% $54.93 205,786 31 Mar 2023 Direct F1, F2
holding PNFP PNFP Common Stock 500 31 Mar 2023 IRA-Spouse
holding PNFP PNFP Common Stock 4,274 31 Mar 2023 401K Plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Hugh M. Queener is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

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.