0000950170-24-019070.txt : 20240222 0000950170-24-019070.hdr.sgml : 20240222 20240222212058 ACCESSION NUMBER: 0000950170-24-019070 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240220 FILED AS OF DATE: 20240222 DATE AS OF CHANGE: 20240222 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: GULDNER JEFFREY B. CENTRAL INDEX KEY: 0001521334 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08962 FILM NUMBER: 24667060 MAIL ADDRESS: STREET 1: 400 N. FIFTH STREET STREET 2: MS8695 CITY: PHOENIX STATE: AZ ZIP: 85004 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: PINNACLE WEST CAPITAL CORP CENTRAL INDEX KEY: 0000764622 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 860512431 STATE OF INCORPORATION: AZ FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 400 NORTH FIFTH STREET STREET 2: MS 8695 CITY: PHOENIX STATE: AZ ZIP: 85004 BUSINESS PHONE: 602 250 1000 MAIL ADDRESS: STREET 1: 400 NORTH FIFTH STREET STREET 2: MS 8695 CITY: PHOENIX STATE: AZ ZIP: 85004 FORMER COMPANY: FORMER CONFORMED NAME: AZP GROUP INC DATE OF NAME CHANGE: 19870506 4 1 ownership.xml 4 X0508 4 2024-02-20 0000764622 PINNACLE WEST CAPITAL CORP PNW 0001521334 GULDNER JEFFREY B. 400 N. 5TH STREET PHOENIX AZ 85004 true true false false Chairman, President and CEO false Common Stock 2024-02-20 4 A false 10889 A 60093 D Common Stock 2024-02-20 4 F false 4687 69.10 D 55406 D Common Stock 2024-02-20 4 A false 1735 A 57141 D Common Stock 2024-02-20 4 F false 744 69.10 D 56397 D Common Stock 2024-02-20 4 M false 2395 A 58792 D Common Stock 2024-02-20 4 D false 2395 69.10 D 56397 D Common Stock 2024-02-20 4 M false 3838 A 60235 D Common Stock 2024-02-20 4 F false 1555 69.10 D 58680 D Common Stock 2024-02-20 4 M false 5179 A 63859 D Common Stock 2024-02-20 4 D false 460 69.10 D 63399 D Common Stock 2024-02-20 4 F false 1912 69.10 D 61487 D Common Stock 2024-02-20 4 M false 5171 A 66658 D Common Stock 2024-02-20 4 D false 229 69.10 D 66429 D Common Stock 2024-02-20 4 F false 2118 69.10 D 64311 D Common Stock 2024-02-20 4 A false 612 A 64923 D Common Stock 2024-02-20 4 F false 263 69.10 D 64660 D Common Stock 132 I by 401K Restricted Stock Units 2024-02-20 4 M false 2395 D Common Stock 2395 0 D Restricted Stock Units 2024-02-20 4 M false 3838 D Common Stock 3838 3838 D Restricted Stock Units 2024-02-20 4 M false 5179 D Common Stock 5179 10353 D Restricted Stock Units 2024-02-20 4 M false 5171 D Common Stock 5171 15515 D Restricted Stock Units 2024-02-20 4 A false 25920 A Common Stock 25920 25920 D Shares aquired upon the vesting of a portion of the performance shares granted in 2021 that were tied to the total shareholder return performance metric. Shares retained by the Company for purpose of meeting tax withholding requirements. The receipient retained all other shares. Represents shares of common stock received by the indididual in settlement of dividend rights that vested in connection with the performance shares that vested on February 20, 2024. 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, atthe reporting person's election, in 100% shares of common stock, 50% in common stock and 50% in cash, or 100% in cash. 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 settledeither in 100% shares of common stock or 100% in cash with respect to Restricted Stock Units received in connection with the settlement of divident equivalent rights. Represents the cash settlement of Restricted Stock Units received in connection with the settlement of dividend equivalent rights. Represents shares of common stock received by the individual in settlement of dividend rights granted in connection with the 2021 Restricted Stock Unit grant. The Restricted Stock Units award was granted and was effective in February 2020, and vests in four equal, annual installments beginning on February 20, 2021. The Restricted Stock Units award was granted and was effective in February 2021, and vests and be settled in four equal, annual installments beginning on February 20, 2022. The number of derivative securities in Column 5 includes 460 vested Restricted Stock Units received in connection with the settlement of dividend equivalent rights. Dividendequivalent rights accrue with respect to these Restricted Stock Units when and as cash dividends are paid on the Company's common stock. 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. Includes 915 Restricted Stock Units received in connection with the settlement of dividend equivalent rights. The number of derivative securities in Column 5 includes 229 vested Restricted Stock Units received in connection with the settlement of dividend equivalent rights. Dividendequivalent rights accrue with respect to these Restricted Stock Units when and as cash dividends are paid on the Company's common stock. 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. Includes 689 Restricted Stock Units received in connection with the settlement of dividend equivalent rights. 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. /s/ Diane Wood, Attorney-in-Fact 2024-02-22