SEC Form 4 · accession 0001209191-18-002172
PINNACLE WEST CAPITAL CORP · PNW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Roy A Herberger Jr.
Director
Period of report
Jan 2, 2018
Accepted (ET)
Jan 4, 2018 · 5:59 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 | Jan 2, 2018 | M | 754 | $0.00 | A | 25,991 | D | |
| Common StockF1 | Jan 2, 2018 | M | 755 | $0.00 | A | 26,746 | D | |
| Common Stock | Jan 2, 2018 | D | 755 | $83.89 | D | 25,991 | D | |
| Common StockF2 | Jan 2, 2018 | A | 37 | $0.00 | A | 26,028 | D | |
| Common Stock | holding | — | — | — | 5,587 | I | by Charitable Unitrust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock UnitsF1,F3 | — | Jan 2, 2018 | M | 1,509 | D | — | — | Common Stock | 1,509 | 0 | D |
Explanation of responses
- F1Each Stock Unit represents a contingent right to receive the economic equivalent of one share of the Company's common stock. The Stock Units will be settled, at the reporting person's election, in shares of common stock or 50% in common stock and 50% in cash.
- F2Represents shares of common stock received by the individual in settlement of dividend rights granted in connection with the Stock Unit grant.
- F3The Stock Units award was granted and effective in May 2016, and vested on January 2, 2018.