Andrew D. Cooper - Feb 20, 2025 Form 4 Insider Report for PINNACLE WEST CAPITAL CORP (PNW)

Role
SVP & CFO
Signature
/s/ Diane Wood, Attorney-in-Fact
Stock symbol
PNW
Transactions as of
Feb 20, 2025
Transactions value $
-$256,788
Form type
4
Date filed
2/24/2025, 05:02 PM
Previous filing
Feb 20, 2025
Next filing
Mar 20, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PNW Common Stock Options Exercise +165 +3.6% 4.75K Feb 20, 2025 Direct F1
transaction PNW Common Stock Disposed to Issuer -$15K -165 -3.47% $90.77 4.59K Feb 20, 2025 Direct
transaction PNW Common Stock Options Exercise +164 +3.58% 4.75K Feb 20, 2025 Direct F1
transaction PNW Common Stock Tax liability -$7.08K -78 -1.64% $90.77 4.67K Feb 20, 2025 Direct F2
transaction PNW Common Stock Options Exercise +464 +9.93% 5.14K Feb 20, 2025 Direct F3
transaction PNW Common Stock Disposed to Issuer -$4.99K -55 -1.07% $90.77 5.08K Feb 20, 2025 Direct F4
transaction PNW Common Stock Tax liability -$15.6K -172 -3.38% $90.77 4.91K Feb 20, 2025 Direct F2
transaction PNW Common Stock Options Exercise +960 +19.55% 5.87K Feb 20, 2025 Direct F3
transaction PNW Common Stock Disposed to Issuer -$10.2K -112 -1.91% $90.77 5.76K Feb 20, 2025 Direct F4
transaction PNW Common Stock Tax liability -$32.4K -357 -6.2% $90.77 5.4K Feb 20, 2025 Direct F2
transaction PNW Common Stock Options Exercise +1.8K +33.36% 7.2K Feb 20, 2025 Direct F3
transaction PNW Common Stock Disposed to Issuer -$13.5K -149 -2.07% $90.77 7.05K Feb 20, 2025 Direct F4
transaction PNW Common Stock Tax liability -$62.8K -692 -9.81% $90.77 6.36K Feb 20, 2025 Direct F2
transaction PNW Common Stock Options Exercise +2.34K +36.8% 8.7K Feb 20, 2025 Direct F3
transaction PNW Common Stock Disposed to Issuer -$8.8K -97 -1.11% $90.77 8.61K Feb 20, 2025 Direct F4
transaction PNW Common Stock Tax liability -$85.3K -940 -10.92% $90.77 7.67K Feb 20, 2025 Direct F2
transaction PNW Common Stock Award +27 +0.35% 7.69K Feb 20, 2025 Direct F5
transaction PNW Common Stock Tax liability -$1.09K -12 -0.16% $90.77 7.68K Feb 20, 2025 Direct F2

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 Options Exercise -329 -100% 0 Feb 20, 2025 Common Stock 329 Direct F1, F6
transaction PNW Restricted Stock Units Options Exercise -464 -49.63% 471 Feb 20, 2025 Common Stock 464 Direct F3, F7, F8, F9
transaction PNW Restricted Stock Units Options Exercise -960 -50.03% 959 Feb 20, 2025 Common Stock 960 Direct F3, F10, F11, F12
transaction PNW Restricted Stock Units Options Exercise -1.8K -33.3% 3.61K Feb 20, 2025 Common Stock 1.8K Direct F3, F13, F14, F15
transaction PNW Restricted Stock Units Options Exercise -2.34K -25% 7.02K Feb 20, 2025 Common Stock 2.34K Direct F3, F16, F17, F18
* 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, at the reporting person's election, in 100% shares of common stock, 50% in common stock and 50% in cash, or 100% in cash.
F2 Shares retained by the Company for purpose of meeting tax withholding requirements. The recipient retained all other shares.
F3 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.
F4 Represents the cash settlement of Restricted Stock Units received in connection with the settlement of dividend equivalent rights.
F5 Represents shares of common stock received by the individual in settlement of dividend rights granted in connection with the 2021 Restricted Stock Unit grant.
F6 The Restricted Stock Units award was granted and was effective in February 2021, and vests in four equal, annual installments beginning on February 20, 2022.
F7 The number of derivative securities in Column 5 includes 55 vested Restricted Stock Units received in connection with the settlement of dividend equivalent rights. Dividend equivalent rights accrue with respect to these Restricted Stock Units when and as cash dividends are paid on the Company's common stock.
F8 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.
F9 Includes 62 Restricted Stock Units received in connection with the settlement of dividend equivalent rights
F10 The number of derivative securities in Column 5 includes 112 vested Restricted Stock Units received in connection with the settlement of dividend equivalent rights. Dividend equivalent rights accrue with respect to these Restricted Stock Units when and as cash dividends are paid on the Company's common stock.
F11 The Restricted Stock Unit award was granted and was effective in May 2022, and vests in four equal, annual installments beginning on February 20, 2023.
F12 Includes 111 Restricted Stock Units received in connection with the settlement of dividend equivalent rights
F13 The number of derivative securities in Column 5 includes 149 vested Restricted Stock Units received in connection with the settlement of dividend equivalent rights. Dividend equivalent rights accrue with respect to these Restricted Stock Units when and as cash dividends are paid on the Company's common stock.
F14 The Restricted Stock Units award was granted and was effective in February 2023, and vests in four equal, annual installments beginning on February 20, 2024.
F15 Includes 303 Restricted Stock Units received in connection with the settlement of dividend equivalent rights.
F16 The number of derivative securities in Column 5 includes 97 vested Restricted Stock Units received in connection with the settlement of dividend equivalent rights. Dividend equivalent rights accrue with respect to these Restricted Stock Units when and as cash dividends are paid on the Company's common stock.
F17 The Restricted Stock Units award was granted and was effective in February 2024, and vests in four equal, annual installments beginning on February 20, 2025.
F18 Includes 291 Restricted Stock Units received in connection with the settlement of dividend equivalent rights.