Jacob Tetlow - 19 May 2021 Form 3 Insider Report for PINNACLE WEST CAPITAL CORP (PNW)

Role
EVP, Ops, APS
Signature
/s/ Diane Wood, Attorney-in-Fact
Issuer symbol
PNW
Transactions as of
19 May 2021
Net transactions value
$0
Form type
3
Filing time
19 May 2021, 18:08:04 UTC
Next filing
08 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PNW Common Stock 1,275 19 May 2021 Direct
holding PNW Common Stock 2,473 19 May 2021 by 401K
holding PNW Common Stock 56 19 May 2021 by Roth IRA

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding PNW Restricted Stock Units 19 May 2021 Common Stock 227 Direct F1, F2
holding PNW Restricted Stock Units 19 May 2021 Common Stock 388 Direct F2, F3
holding PNW Restricted Stock Units 19 May 2021 Common Stock 885 Direct F2, F4
holding PNW Restricted Stock Units 19 May 2021 Common Stock 2,108 Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units vest and will be settled on February 18, 2022.
F2 Each Restricted Stock Unit represents a contingent right to receive the economic equivalent of one share of the Company's common stock. The Restricted Stock Units will be settled, at the reporting person's election, in 100% shares of common stock, 50% in common stock and 50% in cash, or 100% in cash.
F3 The Restricted Stock Units vest and will be settled as follows: 194 will vest on each of February 18, 2022 and February 20, 2023.
F4 The Restricted Stock Units vest and will be settled as follows: 295 will vest on each of February 18, 2022, February 20, 2023, and February 20, 2024.
F5 The Restricted Stock Units vest and will be settled as follows: 527 will vest on each of February 18, 2022, February 20, 2023, February 20, 2024, and February 20, 2025.