JAMES R. HATFIELD - 04 Nov 2021 Form 4 Insider Report for PINNACLE WEST CAPITAL CORP (PNW)

Role
EVP, Advisor to CEO
Signature
/s/ Diane Wood, Attorney-in-Fact
Issuer symbol
PNW
Transactions as of
04 Nov 2021
Net transactions value
-$195,252
Form type
4
Filing time
08 Nov 2021, 18:03:17 UTC
Next filing
10 Nov 2021
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 +6,030 $0.000000 6,030 04 Nov 2021 Direct F1
transaction PNW Common Stock Tax liability $164,724 -2,590 -43% $63.60 3,440 04 Nov 2021 Direct F2
transaction PNW Common Stock Award $0 +1,117 +32% $0.000000 4,557 04 Nov 2021 Direct F3
transaction PNW Common Stock Tax liability $30,528 -480 -11% $63.60 4,077 04 Nov 2021 Direct F2
transaction PNW Common Stock Gift $0 -4,077 -100% $0.000000* 0 04 Nov 2021 Direct F4
transaction PNW Common Stock Gift $0 +4,077 +16% $0.000000 29,042 04 Nov 2011 by trust F4
holding PNW Common Stock 28 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.
F4 The reporting person gifted the shares received on November 4, 2021 to a revocable family trust.