0001567619-20-005042.txt : 20200227 0001567619-20-005042.hdr.sgml : 20200227 20200227173926 ACCESSION NUMBER: 0001567619-20-005042 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200225 FILED AS OF DATE: 20200227 DATE AS OF CHANGE: 20200227 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: TURNER M TERRY CENTRAL INDEX KEY: 0001248768 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-31225 FILM NUMBER: 20664136 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: PINNACLE FINANCIAL PARTNERS INC CENTRAL INDEX KEY: 0001115055 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 621812853 STATE OF INCORPORATION: TN FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 150 THIRD AVENUE SOUTH STREET 2: SUITE 900 CITY: NASHVILLE STATE: TN ZIP: 37201 BUSINESS PHONE: 6157443700 MAIL ADDRESS: STREET 1: 150 THIRD AVENUE SOUTH STREET 2: SUITE 900 CITY: NASHVILLE STATE: TN ZIP: 37201 4 1 doc1.xml FORM 4 X0306 4 2020-02-25 0 0001115055 PINNACLE FINANCIAL PARTNERS INC PNFP 0001248768 TURNER M TERRY 150 THIRD AVE SOUTH SUITE 900 NASHVILLE TN 37201 1 1 0 0 CEO PNFP Common Stock 2020-02-25 4 A 0 38015 0 A 385908 D PNFP Common Stock 2020-02-26 4 F 0 14961 56.78 D 370947 D PNFP Common Stock 29562 I 401K PNFP Common Stock 22000 I IRA On January 23, 2015, the reporting person was granted 21,719 performance units eligible to vest at target levels of performance (with vesting of more or less units possible based on actual performance) based on the extent to which certain ROATA metrics were met for 2015, 2016 and 2017 and so long as the ratio of Pinnacle Bank's nonperforming assets to its loans plus other real estate owned ("NPA ratio") at December 31, 2019 was not greater than 3.00%. Based upon the performance of Pinnacle Financial Partners, Inc. (the "Company") for 2015, 2016 and 2017 and the NPA ratio at December 31, 2019, as reflected in the Company's Annual Report on Form 10-K for 2019, the reporting person earned 38,015 performance units, which units vested and were settled in 38,015 shares of Company common stock. As described in footnote 3, a portion of these 38,015 shares of common stock were retained by the Company to cover withholding taxes owed by the reporting person. Performance units are settled in shares of common stock on a one-for-one basis. Accordingly, no purchase price was paid for the shares by the reporting person. Represents shares retained by the Company to cover withholding taxes due upon the vesting of the performance units and issuance of the common shares described in footnote 1. /s/ M. Terry Turner 2020-02-27