0000950170-24-019079.txt : 20240222 0000950170-24-019079.hdr.sgml : 20240222 20240222212705 ACCESSION NUMBER: 0000950170-24-019079 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: Cooper Andrew D CENTRAL INDEX KEY: 0001816721 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08962 FILM NUMBER: 24667071 MAIL ADDRESS: STREET 1: 400 NORTH 5TH STREET STREET 2: MS 8602 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 0001816721 Cooper Andrew D 400 N. 5TH STREET PHOENIX AZ 85004 false true false false SVP & CFO false Common Stock 2024-02-20 4 A false 414 A 2209 D Common Stock 2024-02-20 4 F false 196 69.10 D 2013 D Common Stock 2024-02-20 4 A false 66 A 2079 D Common Stock 2024-02-20 4 F false 32 69.10 D 2047 D Common Stock 2024-02-20 4 M false 120 A 2167 D Common Stock 2024-02-20 4 D false 120 69.10 D 2047 D Common Stock 2024-02-20 4 M false 120 A 2167 D Common Stock 2024-02-20 4 F false 51 69.10 D 2116 D Common Stock 2024-02-20 4 M false 165 A 2281 D Common Stock 2024-02-20 4 D false 165 69.10 D 2116 D Common Stock 2024-02-20 4 M false 164 A 2280 D Common Stock 2024-02-20 4 F false 69 69.10 D 2211 D Common Stock 2024-02-20 4 M false 451 A 2261 D Common Stock 2024-02-20 4 D false 42 69.10 D 2620 D Common Stock 2024-02-20 4 F false 169 69.10 D 2451 D Common Stock 2024-02-20 4 M false 919 A 3370 D Common Stock 2024-02-20 4 D false 71 69.10 D 3299 D Common Stock 2024-02-20 4 F false 393 69.10 D 2906 D Common Stock 2024-02-20 4 M false 1731 A 4637 D Common Stock 2024-02-20 4 D false 78 69.10 D 4559 D Common Stock 2024-02-20 4 F false 692 69.10 D 3867 D Common Stock 2024-02-20 4 A false 50 A 3917 D Common Stock 2024-02-20 4 F false 22 69.10 D 3895 D Restricted Stock Units 2024-02-20 4 M false 240 D Common Stock 240 0 D Restricted Stock Units 2024-02-20 4 M false 329 D Common Stock 329 329 D Restricted Stock Units 2024-02-20 4 M false 451 D Common Stock 451 895 D Restricted Stock Units 2024-02-20 4 M false 919 D Common Stock 919 1838 D Restricted Stock Units 2024-02-20 4 M false 1731 D Common Stock 1731 5188 D Restricted Stock Units 2024-02-20 4 A false 8976 A Common Stock 8976 8976 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, at the 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 settled either 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 2020 and 2021 Restricted Stock Unit grants. 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 42 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. 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 77 Restricted Stock Units received in connection with the settlement of dividend equivalent rights. The number of derivative securities in Column 5 includes 71 vested Restricted Stock Units received in connection with the settlement of dividend equivalent rights. Divident equivalent 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 Unit award was gratned and was effective in May 2022, and vests in four equal, annual installments beginning on February 20, 2023. Includes 142 Restricted Stock Units received in connection with the settlement of dividend equivalent rights. The number of derivative securities in Column 5 includes 78 vested Restricted Stock Units received in connection with the settlement of dividend equivalent rights. Divident equivalent 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 229 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