Theodore N. Geisler - Feb 18, 2022 Form 4 Insider Report for PINNACLE WEST CAPITAL CORP (PNW)

Role
SVP & CFO
Signature
/s/ Diane Wood, Attorney-in-Fact
Stock symbol
PNW
Transactions as of
Feb 18, 2022
Transactions value $
-$78,139
Form type
4
Date filed
2/23/2022, 12:54 PM
Previous filing
Nov 8, 2021
Next filing
Feb 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction PNW Common Stock +Options Exercise +227 +3783.33% 233 Feb 18, 2022 Direct F1
transaction PNW Common Stock -Tax liability -$6,892 -100 -42.92% $68.92 133 Feb 18, 2022 Direct F2
transaction PNW Common Stock +Options Exercise +194 +145.86% 327 Feb 18, 2022 Direct F1
transaction PNW Common Stock -Tax liability -$5,996 -87 -26.61% $68.92 240 Feb 18, 2022 Direct F2
transaction PNW Common Stock +Options Exercise +492 +205% 732 Feb 18, 2022 Direct F1
transaction PNW Common Stock -Tax liability -$14,818 -215 -29.37% $68.92 517 Feb 18, 2022 Direct F2
transaction PNW Common Stock +Options Exercise +1,316 +254.55% 1,833 Feb 18, 2022 Direct F1
transaction PNW Common Stock -Tax liability -$44,660 -648 -35.35% $68.92 1,185 Feb 18, 2022 Direct F2
transaction PNW Common Stock +Grant/Award +188 +15.86% 1,373 Feb 18, 2022 Direct F3
transaction PNW Common Stock -Tax liability -$5,773 -85 -6.19% $67.92 1,288 Feb 18, 2022 Direct F2
transaction PNW Common Stock -Gift -1,282 -99.53% 6 Feb 18, 2022 Direct F4
transaction PNW Common Stock +Gift +1,282 +29.34% 5,652 Feb 18, 2022 by trust F4

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
transaction PNW Restricted Stock Units -Options Exercise -227 -100% 0 Feb 18, 2022 Common Stock 227 Direct F1, F5
transaction PNW Restricted Stock Units -Options Exercise -194 -50% 194 Feb 18, 2022 Common Stock 194 Direct F1, F6
transaction PNW Restricted Stock Units -Options Exercise -492 -33.33% 984 Feb 18, 2022 Common Stock 492 Direct F1, F7
transaction PNW Restricted Stock Units -Options Exercise -1,316 -25% 3,948 Feb 18, 2022 Common Stock 1,316 Direct F1, F8

Explanation of Responses:

Id Content
F1 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.
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 granted in connection with the 2018, 2019, 2020 and 2021 Restricted Stock Unit grants.
F4 The reporting person gifted the shares received on February 18, 2022 to a revocable family trust.
F5 The Restricted Stock Units award was granted and was effective in February 2018, and vests in four equal, annual installments beginning on February 20, 2019.
F6 The Restricted Stock Units award was granted and was effective in February 2019, and vests in four equal, annual installments beginning on February 20, 2020.
F7 The Restricted Stock Units award was granted and was effective in February 2020, and vests in four equal, annual installments beginning on February 19, 2021.
F8 The Restricted Stock Units award was granted and was effective in February 2021, and vests in four equal, annual installments beginning on February 20, 2022.