SEC Form 4 · accession 0001140361-16-086967
PINNACLE FINANCIAL PARTNERS INC · PNFP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Hugh M Queener
Officer — CAO
Period of report
Nov 14, 2016
Accepted (ET)
Nov 16, 2016 · 4:56 pm EST
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 14, 2016 | M | 11,706 | $31.25 | A | 246,804 | D | |
| PNFP Common StockF1 | Nov 14, 2016 | S | 7,585 | $60.76 | D | 239,219 | D | |
| PNFP Common Stock | holding | — | — | — | 53,420 | D | ||
| PNFP Common Stock | holding | — | — | — | 1,226 | D | ||
| PNFP Common Stock | holding | — | — | — | 500 | I | IRA-Spouse | |
| PNFP Common Stock | holding | — | — | — | 4,000 | I | 401K Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F2 | $31.25 | Nov 14, 2016 | M | 11,706 | D | — | Jan 19, 2017 | PNFP Common Stock | 11,706 | 0 | D |
Explanation of responses
- F1The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.75 to $60.85. 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 the footnote to this Form 4.
- F2The options vested in 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.