0001567619-23-004124.txt : 20230302
0001567619-23-004124.hdr.sgml : 20230302
20230302122506
ACCESSION NUMBER: 0001567619-23-004124
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230228
FILED AS OF DATE: 20230302
DATE AS OF CHANGE: 20230302
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: 001-39309
FILM NUMBER: 23697449
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
2023-02-28
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
2023-02-28
4
A
0
34766
0
A
230316
D
PNFP Common Stock
2023-02-28
4
F
0
13681
74.93
D
216635
D
PNFP Common Stock
32079
I
401K
PNFP Common Stock
22000
I
IRA
On January 24, 2018, the reporting person was granted 58,129 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 2018, 2019 and 2020 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, 2022 was not greater than 3.00%.Based upon the performance of Pinnacle Financial Partners, Inc.(the "Company") for 2018, 2019 and 2020 and the NPA ratio at December 31, 2022, as reflected in the Company's Annual Report on Form 10-K for 2022, the reporting person earned 34,766 performance units, which units vested and were settled in 34,766 shares of Company common stock. As described in footnote 3, a portion of those 34,766 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
2023-03-02