Maria L. Lacal - Nov 4, 2021 Form 4 Insider Report for PINNACLE WEST CAPITAL CORP (PNW)

Role
EVP and CNO, PVGS, APS
Signature
/s/ Diane Wood, Attorney-in-Fact
Stock symbol
PNW
Transactions as of
Nov 4, 2021
Transactions value $
-$50,944
Form type
4
Date filed
11/8/2021, 06:04 PM
Next filing
Feb 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PNW Common Stock Award $0 +1.55K +6.89% $0.00 24K Nov 4, 2021 Direct F1
transaction PNW Common Stock Tax liability -$43K -676 -2.81% $63.60 23.4K Nov 4, 2021 Direct F2
transaction PNW Common Stock Award $0 +287 +1.23% $0.00 23.6K Nov 4, 2021 Direct F3
transaction PNW Common Stock Tax liability -$7.95K -125 -0.53% $63.60* 23.5K Nov 4, 2011 Direct F2
* 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.