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

Role
EVP, COO, APS
Signature
/s/ Diane Wood, Attorney-in-Fact
Issuer symbol
PNW
Transactions as of
22 Oct 2024
Net transactions value
+$874,169
Form type
4
Filing time
24 Oct 2024, 11:19:50 UTC
Previous filing
23 Feb 2024
Next filing
13 Nov 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PNW Common Stock Award $0 +1,948 +26% $0.000000 9,578 22 Oct 2024 Direct F1
transaction PNW Common Stock Tax liability $73,580 -835 -8.7% $88.12 8,743 22 Oct 2024 Direct F2
transaction PNW Common Stock Award $0 +291 +3.3% $0.000000 9,034 22 Oct 2024 Direct F3
transaction PNW Common Stock Tax liability $11,015 -125 -1.4% $88.12 8,909 22 Oct 2024 Direct F2
transaction PNW Common Stock Award $0 +957 +11% $0.000000 9,866 22 Oct 2024 Direct F1
transaction PNW Common Stock Tax liability $36,217 -411 -4.2% $88.12 9,455 22 Oct 2024 Direct F2
transaction PNW Common Stock Award $0 +132 +1.4% $0.000000 9,587 22 Oct 2024 Direct F3
transaction PNW Common Stock Tax liability $5,023 -57 -0.59% $88.12 9,530 22 Oct 2024 Direct F2
holding PNW Common Stock 2,473 22 Oct 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 $1,000,004 +11,197 $89.31 11,197 23 Oct 2024 Common Stock 11,197 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.