Jacob Tetlow - Oct 22, 2024 Form 4 Insider Report for PINNACLE WEST CAPITAL CORP (PNW)

Role
EVP, COO, APS
Signature
/s/ Diane Wood, Attorney-in-Fact
Stock symbol
PNW
Transactions as of
Oct 22, 2024
Transactions value $
$874,169
Form type
4
Date filed
10/24/2024, 11:19 AM
Previous filing
Feb 23, 2024
Next filing
Nov 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PNW Common Stock Award $0 +1.95K +25.53% $0.00 9.58K Oct 22, 2024 Direct F1
transaction PNW Common Stock Tax liability -$73.6K -835 -8.72% $88.12 8.74K Oct 22, 2024 Direct F2
transaction PNW Common Stock Award $0 +291 +3.33% $0.00 9.03K Oct 22, 2024 Direct F3
transaction PNW Common Stock Tax liability -$11K -125 -1.38% $88.12 8.91K Oct 22, 2024 Direct F2
transaction PNW Common Stock Award $0 +957 +10.74% $0.00 9.87K Oct 22, 2024 Direct F1
transaction PNW Common Stock Tax liability -$36.2K -411 -4.17% $88.12 9.46K Oct 22, 2024 Direct F2
transaction PNW Common Stock Award $0 +132 +1.4% $0.00 9.59K Oct 22, 2024 Direct F3
transaction PNW Common Stock Tax liability -$5.02K -57 -0.59% $88.12 9.53K Oct 22, 2024 Direct F2
holding PNW Common Stock 2.47K Oct 22, 2024 by 401(k)

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 Award $1M +11.2K $89.31 11.2K Oct 23, 2024 Common Stock 11.2K Direct F4, F5
* 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 2021 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 October 22, 2024.
F4 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 settle, in shares of common stock.
F5 The Restricted Stock Units award was granted and was effective in October 23, 2024 and vests October 31, 2029.