SEC Form 4 · accession 0001209191-16-151794
PINNACLE WEST CAPITAL CORP · PNW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Barbara M Gomez
Other
Period of report
Nov 18, 2016
Accepted (ET)
Nov 22, 2016 · 6:30 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000764622
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 18, 2016 | M | 1,608 | $0.00 | A | 1,608 | D | |
| Common Stock | Nov 18, 2016 | F | 757 | $73.26 | D | 851 | D | |
| Common StockF3 | Nov 18, 2016 | A | 113 | $0.00 | A | 964 | D | |
| Common Stock | Nov 18, 2016 | F | 54 | $73.26 | D | 910 | D | |
| Common StockF4 | Nov 18, 2016 | G | 910 | $0.00 | D | 0 | D | |
| Common StockF4 | Nov 18, 2016 | G | 910 | $0.00 | A | 3,813 | I | by trust |
| Common Stock | holding | — | — | — | 5,817 | I | by 401(k) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F5 | — | Nov 18, 2016 | M | 1,608 | D | — | — | Common Stock | 1,608 | 0 | D |
Explanation of responses
- F1Each Restricted Stock Unit represents a contingent right to receive the economic equivalent of one share of the Company's common stock.
- F2Shares retained by the Company for the purpose of meeting tax withholding requirements. The recipient retained all other shares.
- F3Represents shares of common stock received by the individual in settlement of dividend rights granted in connection with the Restricted Stock Units that vested on November 18, 2016.
- F4The reporting person gifted the shares received on November 18, 2016 to a revocable family trust.
- F5The Restricted Stock Units vested and were released on November 18, 2016 in accordance with the terms of the initial grant.