0000950170-24-019081.txt : 20240222 0000950170-24-019081.hdr.sgml : 20240222 20240222212808 ACCESSION NUMBER: 0000950170-24-019081 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: Geisler Theodore N CENTRAL INDEX KEY: 0001799703 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08962 FILM NUMBER: 24667074 MAIL ADDRESS: STREET 1: 400 NORTH FIFTH STREET STREET 2: MAIL STATION 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 0001799703 Geisler Theodore N 400 N. 5TH STREET PHOENIX AZ 85004 false false false true President, APS false Common Stock 2024-02-20 4 A false 2486 0 A 2486 D Common Stock 2024-02-20 4 F false 1130 69.10 D 1356 D Common Stock 2024-02-20 4 A false 396 0 A 1752 D Common Stock 2024-02-20 4 F false 170 69.10 D 1582 D Common Stock 2024-02-20 4 M false 492 A 2074 D Common Stock 2024-02-20 4 F false 211 69.10 D 1863 D Common Stock 2024-02-20 4 M false 1316 0 A 3179 D Common Stock 2024-02-20 4 F false 564 69.10 D 2615 D Common Stock 2024-02-20 4 M false 2071 0 A 4686 D Common Stock 2024-02-20 4 D false 184 69.10 D 4502 D Common Stock 2024-02-20 4 F false 809 69.10 D 3693 D Common Stock 2024-02-20 4 M false 1509 0 A 5202 D Common Stock 2024-02-20 4 D false 67 69.10 D 5135 D Common Stock 2024-02-20 4 F false 618 69.10 D 4517 D Common Stock 2024-02-20 4 A false 316 A 4833 D Common Stock 2024-02-20 4 F false 136 69.10 D 4697 D Common Stock 2024-02-20 4 G false 4697 D 0 D Common Stock 2024-02-20 4 G false 4697 A 12794 I by Trust Restricted Stock Units 2024-02-20 4 M false 492 D Common Stock 492 0 D Restricted Stock Units 2024-02-20 4 M false 1316 D Common Stock 1316 1316 D Restricted Stock Units 2024-02-20 4 M false 2071 D Common Stock 2071 4139 D Restricted Stock Units 2024-02-20 4 M false 1509 D Common Stock 1509 4527 D Restricted Stock Units 2024-02-20 4 A false 7164 A Common Stock 7164 7164 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 reporting person gifted the shares received on February 20, 2024 to a revokable family trust. 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 184 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 365 Restricted Stock Units received in connection with the settlement of dividend equivalent rights. The number of derivative securities in Column 5 includes 67 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 2023, and vests in four equal, annual installments beginning on February 20, 2024. Includes 201 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