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: Schiavoni Mark A. (EVP & COO, APS)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-10-19	Common Stock	A	5470	$0.00	Acquired	32971	Direct
2016-10-19	Common Stock	F	2574	$74.96	Disposed	30397	Direct
2016-10-19	Common Stock	A	657	$0.00	Acquired	31054	Direct
2016-10-19	Common Stock	F	310	$74.96	Disposed	30744	Direct

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.