0000950170-24-019067.txt : 20240222 0000950170-24-019067.hdr.sgml : 20240222 20240222211835 ACCESSION NUMBER: 0000950170-24-019067 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240220 FILED AS OF DATE: 20240222 DATE AS OF CHANGE: 20240222 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Esparza Jose Luis Jr CENTRAL INDEX KEY: 0001781598 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08962 FILM NUMBER: 24667057 MAIL ADDRESS: STREET 1: 8360 S. DURANGO DR. CITY: LAS VEGAS STATE: NV ZIP: 89113 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: PINNACLE WEST CAPITAL CORP CENTRAL INDEX KEY: 0000764622 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 860512431 STATE OF INCORPORATION: AZ FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 400 NORTH FIFTH STREET STREET 2: MS 8695 CITY: PHOENIX STATE: AZ ZIP: 85004 BUSINESS PHONE: 602 250 1000 MAIL ADDRESS: STREET 1: 400 NORTH FIFTH STREET STREET 2: MS 8695 CITY: PHOENIX STATE: AZ ZIP: 85004 FORMER COMPANY: FORMER CONFORMED NAME: AZP GROUP INC DATE OF NAME CHANGE: 19870506 4 1 ownership.xml 4 X0508 4 2024-02-20 0000764622 PINNACLE WEST CAPITAL CORP PNW 0001781598 Esparza Jose Luis Jr 400 N. 5TH STREET PHOENIX AZ 85004 false false false true SVP Public Policy APS false Common Stock 2024-02-20 4 M false 452 A 672 D Common Stock 2024-02-20 4 D false 47 69.10 D 625 D Common Stock 2024-02-20 4 F false 135 69.10 D 490 D Common Stock 2024-02-20 4 M false 355 A 845 D Common Stock 2024-02-20 4 D false 17 69.10 D 828 D Common Stock 2024-02-20 4 F false 113 69.10 D 715 D Restricted Stock Units 2024-02-20 4 M false 452 D Common Stock 452 897 D Restricted Stock Units 2024-02-20 4 M false 355 D Common Stock 355 1060 D Restricted Stock Units 2024-02-20 4 A false 1740 A Common Stock 1740 1740 D 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 either in 100% shares of common stock or 100% in cash with respect to Restricted Stock Units received in connection with the settlement of divident equivalent rights. Represents the cash settlement of Restricted Stock Units received in connection with the settlement of dividend equivalent rights. Shares retained by the Company for purpose of meeting tax withholding requirements. The receipient retained all other shares. The number of derivative securities in Column 5 includes 47 vested Restricted Stock Units received in connection with the settlement of dividend equivalent rights. Dividend equivalent rights accrue with respect to these Restricted Stock Units when and as cash dividends are paid on the Company's common stock. The Restricted Stock Units award was granted and was effective in January 2022, and vests in four equal, annual installments beginning on February 20, 2023. Includes 87 Restricted Stock Units received in connection with the settlement of dividend equivalent rights. The number of derivative securities in Column 5 includes 17 vested Restricted Stock Units received in connection with the settlement of dividend equivalent rights. Dividend equivalent rights accrue with respect to these Restricted Stock Units when and as cash dividends are paid on the Company's common stock. The Restricted Stock Units award was granted and was effective in February 2023, and vests in four equal, annual installments beginning on February 20, 2024. Includes 46 Restricted Stock Units received in connection with the settlement of dividend equivalent rights. The Restricted Stock Units award was granted and was effective in February 2024, and vests in four equal, annual installments beginning on February 20, 2025. /s/ Diane Wood, Attorney-in-Fact 2024-02-22