PINNACLE WEST CAPITAL CORP — Director's Dealing 2016

Oct 21, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PINNACLE WEST CAPITAL CORP (PNW)
CIK: 0000764622
Period of Report: 2016-10-19

Reporting Person: BRANDT DONALD E (Director, Chairman, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-10-19	Common Stock	A	31250	$0.00	Acquired	233112	Direct
2016-10-19	Common Stock	F	14704	$74.96	Disposed	218408	Direct
2016-10-19	Common Stock	A	3752	$0.00	Acquired	222160	Direct
2016-10-19	Common Stock	F	1766	$74.96	Disposed	220394	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1703	Indirect

Footnotes

F1: Shares acquired upon the vesting of a portion of the performance shares granted in 2013.

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 19, 2016.