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Stock Options, Stock Appreciation Rights and Restricted Shares (Tables)
 6 Months Ended
Jun. 30, 2014
Stock Options, Stock Appreciation Rights and Restricted Shares [Abstract]  
Summary of Stock Option and Stock Appreciation Rights Activity
 
Number
  
Weighted-
Average
Exercise
Price
  
Weighted-
Average
Contractual
Remaining Term
(in years)
  
Aggregate
Intrinsic
Value
(000's)
 
Outstanding at December 31, 2013
  
1,002,500
  
$
25.77
   
2.48
  
$
7,097
(1) 
Granted
  
-
             
Exercised
  
(174,920
)
            
Stock appreciation rights exercised(3)
  
(1,370
)
            
Forfeited
  
(400
)
            
Outstanding at June 30, 2014
  
825,810
  
$
26.68
   
2.20
  
$
10,495
(2) 
Options exercisable at June 30, 2014
  
825,810
  
$
26.68
   
2.20
  
$
10,495
(2) 

(1)    
The aggregate intrinsic value is calculated as the difference between the exercise price of the underlying awards and the quoted closing price of Pinnacle Financial common stock of $32.53 per common share at December 31, 2013 for the approximately 931,425 options and stock appreciation rights that were in-the-money at December 31, 2013.
(2)
The aggregate intrinsic value is calculated as the difference between the exercise price of the underlying awards and the quoted closing price of Pinnacle Financial common stock of $39.48 per common share at June 30, 2014 for the approximately 825,810 options and stock appreciation rights that were in-the-money at June 30, 2014.
(3)
During the six months ended June 30, 2014, 1,370 SARS were converted into 522 common shares upon exercise.
Summary of Activity for Unvested Restricted Share Awards
A summary of activity for unvested restricted share awards for the six months ended June 30, 2014 is as follows:

 
 
Number
  
Grant Date Weighted-Average Cost
 
Unvested at December 31, 2013
  
821,695
  
$
19.18
 
Shares awarded
  
97,018
   
32.35
 
Conversion of restricted share units to restricted share awards
  
186,943
   
31.68
 
Restrictions lapsed and shares released to associates/directors
  
(199,403
)
  
19.14
 
Shares forfeited(1)
  
(24,764
)
  
20.71
 
Unvested at June 30, 2014
  
881,489
  
$
23.25
 

(1)    
Represents shares forfeited due to employee termination and/or retirement. No shares were forfeited due to failure to meet performance targets.