Paul J. Mountain - May 16, 2022 Form 3/A - Amendment Insider Report for PINNACLE WEST CAPITAL CORP (PNW)

Role
VP, Finance and Treasurer
Signature
/s/ Diane Wood, Attorney-in-Fact
Stock symbol
PNW
Transactions as of
May 16, 2022
Transactions value $
$0
Form type
3/A - Amendment
Date filed
7/21/2022, 06:05 PM
Date Of Original Report
May 18, 2022
Next filing
Oct 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PNW Common Stock 1.99K May 16, 2022 by Trust
holding PNW Common Stock 277 May 16, 2022 by 401K

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 May 16, 2022 Common Stock 83 Direct F1, F2
holding PNW Restricted Stock Units May 16, 2022 Common Stock 296 Direct F2, F3
holding PNW Restricted Stock Units May 16, 2022 Common Stock 864 Direct F2, F4
holding PNW Restricted Stock Units May 16, 2022 Common Stock 1.64K Direct F5, F6
* 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 20, 2023.
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% cash.
F3 The Restricted Stock Units vest and will be settled as follows: 148 will vest on February 20, 2023 and February 20, 2024
F4 The Restricted Stock Units vest and will be settled as follows: 288 will vest on February 20, 2023, February 20, 2024, and February 20, 2025
F5 The Restricted Stock Units vest and will be settled as follows: 409 will vest on each of February 20, 2023, February 20, 2024, February 20, 2025, and February 20, 2026
F6 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 in 100% shares of common stock.