0001209191-23-011453.txt : 20230221
0001209191-23-011453.hdr.sgml : 20230221
20230221201814
ACCESSION NUMBER: 0001209191-23-011453
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230217
FILED AS OF DATE: 20230221
DATE AS OF CHANGE: 20230221
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Mountain Paul J
CENTRAL INDEX KEY: 0001929738
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08962
FILM NUMBER: 23650232
MAIL ADDRESS:
STREET 1: 400 N 5TH ST
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]
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
doc4.xml
FORM 4 SUBMISSION
X0306
4
2023-02-17
0
0000764622
PINNACLE WEST CAPITAL CORP
PNW
0001929738
Mountain Paul J
400 N 5TH ST
PHOENIX
AZ
85004
0
1
0
0
VP, Finance and Treasurer
Common Stock
2023-02-17
4
M
0
83
A
83
D
Common Stock
2023-02-17
4
F
0
40
75.10
D
43
D
Common Stock
2023-02-17
4
M
0
148
A
191
D
Common Stock
2023-02-17
4
F
0
71
75.10
D
120
D
Common Stock
2023-02-17
4
M
0
144
A
264
D
Common Stock
2023-02-17
4
D
0
144
75.10
D
120
D
Common Stock
2023-02-17
4
M
0
144
A
264
D
Common Stock
2023-02-17
4
F
0
69
75.10
D
195
D
Common Stock
2023-02-17
4
M
0
46
A
241
D
Common Stock
2023-02-17
4
D
0
3
75.10
D
238
D
Common Stock
2023-02-17
4
F
0
21
75.10
D
217
D
Common Stock
2023-02-17
4
M
0
429
A
646
D
Common Stock
2023-02-17
4
D
0
20
75.10
D
626
D
Common Stock
2023-02-17
4
F
0
194
75.10
D
432
D
Common Stock
2023-02-17
4
A
0
51
A
483
D
Common Stock
2023-02-17
4
F
0
25
75.10
D
458
D
Common Stock
2023-02-17
4
G
0
458
0.00
D
0
D
Common Stock
2023-02-17
4
G
0
458
0.00
A
2681
I
by Trust
Common Stock
278
I
by 401K
Restricted Stock Units
2023-02-17
4
M
0
83
D
Common Stock
83
0
D
Restricted Stock Units
2023-02-17
4
M
0
148
D
Common Stock
148
148
D
Restricted Stock Units
2023-02-17
4
M
0
288
D
Common Stock
288
576
D
Restricted Stock Units
2023-02-17
4
M
0
46
D
Common Stock
46
132
D
Restricted Stock Units
2023-02-17
4
M
0
429
D
Common Stock
429
1286
D
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 or 50% in common stock and 50% in cash.
Shares retained by the Company for the purpose of meeting tax withholding requirements. The recipient retained all other shares.
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 dividend 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 2019, 2020, and 2021 Restricted Stock Unit grants.
The reporting person gifted the shares received on February 17, 2023 to a revocable family trust.
The Restricted Stock Units award was granted and was effective in February 2019, and vests in four equal, annual installments beginning on February 20, 2020.
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 in four equal, annual installments beginning on February 20, 2022.
The number of derivative securities in Column 5 includes 3 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 May of 2022, and vests in four equal, annual installments beginning on February 20, 2023.
Includes 3 Restricted Stock Units received in connection with the settlement of dividend equivalent rights.
The number of derivative securities in Column 5 includes 20 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 59 Restricted Stock Units received in connection with the settlement of dividend equivalent rights.
/s/ Diane Wood, Attorney-in-Fact
2023-02-21