SEC Form 4 · accession 0001140361-16-087514
PINNACLE FINANCIAL PARTNERS INC · PNFP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert A McCabe Jr.
Officer — CHAIRMAN · Director
Period of report
Nov 18, 2016
Accepted (ET)
Nov 22, 2016 · 12:02 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 18, 2016 | M | 29,612 | $21.54 | A | 501,630 | D | |
| PNFP Common StockF1 | Nov 18, 2016 | S | 18,333 | $62.99 | D | 483,297 | D | |
| PNFP Common Stock | holding | — | — | — | 146,511 | D | ||
| PNFP Common Stock | holding | — | — | — | 2,370 | I | IRA-Spouse | |
| PNFP Common Stock | holding | — | — | — | 184 | I | By Daughter | |
| PNFP Common Stock | holding | — | — | — | 2,652 | I | By Spouse | |
| PNFP Common Stock | holding | — | — | — | 159 | I | By Daughter | |
| PNFP Common Stock | holding | — | — | — | 25,918 | 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 | $21.54 | Nov 18, 2016 | M | 29,612 | D | — | Jan 18, 2018 | PNFP Common Stock | 29,612 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.75 to $63.20, inclusive. The reporting person undertakes to provide to 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 18, 2008). Options were fully vested on January 18, 2013.