SEC Form 4 · accession 0001140361-16-084571
PINNACLE FINANCIAL PARTNERS INC · PNFP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ed C Loughry Jr.
Director
Period of report
Nov 1, 2016
Accepted (ET)
Nov 2, 2016 · 4:55 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001115055
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| PNFP Common Stock | Nov 1, 2016 | M | 2,500 | $31.25 | A | 96,420 | D | |
| PNFP Common StockF1 | Nov 1, 2016 | S | 1,808 | $50.99 | D | 94,612 | D | |
| PNFP Common Stock | holding | — | — | — | 43,680 | I | By IRA |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non Qualified Stock Options (Right to buy)F2 | $31.25 | Nov 1, 2016 | M | 2,500 | A | — | Jan 19, 2017 | PNFP Common Stock | 2,500 | 0 | D |
Explanation of responses
- F1The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.96 to $51.10. The reporting person undertakes to provide Pinnacle Financial Partners, Inc., any security holder of Pinnacle Financial Partners, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F2The options vested in annual 20% increments over a period of five years beginning on the first anniversary of the issue date (January 19, 2007). Options were fully vested on January 19, 2012.