Donna M. Easterly - 22 Feb 2022 Form 4 Insider Report for PINNACLE WEST CAPITAL CORP (PNW)

Signature
/s/ Diane Wood, Attorney-in-Fact
Issuer symbol
PNW
Transactions as of
22 Feb 2022
Net transactions value
$0
Form type
4
Filing time
24 Feb 2022, 15:25:34 UTC
Previous filing
23 Feb 2022
Next filing
21 Oct 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PNW Restricted Stock Units Award +2,324 2,324 22 Feb 2022 Common Stock 2,324 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit represents a contingent right to receive the economic equivalent of one share of the Company's common stock. The Restricted Stock Units will be settled in 100% shares of common stock.
F2 The Restricted Stock Units award was granted and was effective in February 2022, and vests in four equal, annual installments beginning on February 20, 2023.