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PINNACLE WEST CAPITAL CORP — Director's Dealing 2021
Feb 18, 2021
30576_dirs_2021-02-18_69dcf31e-2064-452b-90d9-ee1ff8fb5564.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PINNACLE WEST CAPITAL CORP (PNW)
CIK: 0000764622
Period of Report: 2021-02-16
Reporting Person: Geisler Theodore N (SVP & CFO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-16 | Restricted Stock Units | $ | A | 5264 | Acquired | Common Stock (5264) | Direct |
Footnotes
F1: 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.
F2: The Restricted Stock Units award was granted and was effective on February 16, 2021, and vests in four equal, annual installments beginning on February 18, 2022, and will be settled in four equal, annual installments beginning February 18, 2022.