PINNACLE WEST CAPITAL CORP — Director's Dealing 2015

Oct 22, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PINNACLE WEST CAPITAL CORP (PNW)
CIK: 0000764622
Period of Report: 2015-10-20

Reporting Person: GULDNER JEFFREY B. (SVP, Public Policy-APS)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-10-20	Common Stock	A	1893	$0.00	Acquired	11385	Direct
2015-10-20	Common Stock	F	891	$65.74	Disposed	10494	Direct
2015-10-20	Common Stock	A	248	$0.00	Acquired	10742	Direct
2015-10-20	Common Stock	F	117	$65.74	Disposed	10625	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	112	Indirect

Footnotes

F1: Shares acquired upon the vesting of a portion of the performance shares granted in 2012.

F2: Shares retained by the Company for the purpose of meeting tax withholding requirements. The recipient retained all other shares.

F3: Represents shares of common stock received by the individual in settlement of dividend rights that vested in connection with the performance shares that vested on October 20, 2015.