William H. Spence - May 17, 2023 Form 4 Insider Report for PINNACLE WEST CAPITAL CORP (PNW)

Role
Director
Signature
/s/ Diane Wood, Attorney-in-Fact
Stock symbol
PNW
Transactions as of
May 17, 2023
Transactions value $
$0
Form type
4
Date filed
5/19/2023, 06:17 PM
Previous filing
Apr 27, 2023
Next filing
May 2, 2024

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 Stock Units Award +1.91K 1.91K May 17, 2023 Common Stock 1.91K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Stock Unit is the economic equivalent of one share of Pinnacle West common stock. The Stock Units vested on May 17, 2023 and will be settled in shares of common stock. The reporting person elected to defer settlement until the last business day of the month following the month in which the reporting person separates from service from the Company.