JEFFREY B. GULDNER - 04 Nov 2021 Form 4 Insider Report for PINNACLE WEST CAPITAL CORP (PNW)

Role
Chairman, President & CEO, Director
Signature
/s/ Diane Wood, Attorney-in-Fact
Issuer symbol
PNW
Transactions as of
04 Nov 2021
Net transactions value
-$141,510
Form type
4
Filing time
08 Nov 2021, 18:02:18 UTC
Next filing
23 Feb 2022
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 +4,221 +19% $0.000000 26,781 04 Nov 2021 Direct F1
transaction PNW Common Stock Tax liability $119,377 -1,877 -7% $63.60 24,904 04 Nov 2021 Direct F2
transaction PNW Common Stock Award $0 +782 +3.1% $0.000000 25,686 04 Nov 2021 Direct F3
transaction PNW Common Stock Tax liability $22,133 -348 -1.4% $63.60 25,338 04 Nov 2021 Direct F2
holding PNW Common Stock 132 04 Nov 2021 by 401(k)
* 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 2018 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 November 4, 2021.