0000950170-24-019087.txt : 20240222 0000950170-24-019087.hdr.sgml : 20240222 20240222213300 ACCESSION NUMBER: 0000950170-24-019087 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: Blankenship Elizabeth A CENTRAL INDEX KEY: 0001780676 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08962 FILM NUMBER: 24667086 MAIL ADDRESS: STREET 1: 400 NORTH FIFTH STREET STREET 2: MAIL STATION 8602 CITY: PHOENIX STATE: AZ ZIP: 85004 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 0001780676 Blankenship Elizabeth A 400 N. 5TH STREET PHOENIX AZ 85004 false true false false VP, Controller and CAO false Common Stock 2024-02-20 4 A false 414 A 3933 D Common Stock 2024-02-20 4 F false 134 69.10 D 3799 D Common Stock 2024-02-20 4 A false 66 A 3865 D Common Stock 2024-02-20 4 F false 22 69.10 D 3843 D Common Stock 2024-02-20 4 M false 86 A 3929 D Common Stock 2024-02-20 4 D false 86 69.10 D 3843 D Common Stock 2024-02-20 4 M false 86 A 3929 D Common Stock 2024-02-20 4 F false 28 69.10 D 3901 D Common Stock 2024-02-20 4 M false 165 A 4066 D Common Stock 2024-02-20 4 D false 165 69.10 D 3901 D Common Stock 2024-02-20 4 M false 164 A 4065 D Common Stock 2024-02-20 4 F false 53 69.10 D 4012 D Common Stock 2024-02-20 4 M false 451 A 4463 D Common Stock 2024-02-20 4 D false 42 69.10 D 4421 D Common Stock 2024-02-20 4 F false 132 69.10 D 4289 D Common Stock 2024-02-20 4 M false 443 A 4732 D Common Stock 2024-02-20 4 D false 21 69.10 D 4711 D Common Stock 2024-02-20 4 F false 134 69.10 D 4577 D Common Stock 2024-02-20 4 A false 44 A 4621 D Common Stock 2024-02-20 4 F false 12 69.10 D 4609 D Common Stock 55 I by 401K Restricted Stock Units 2024-02-20 4 M false 172 D Common Stock 172 0 D Restricted Stock Units 2024-02-20 4 M false 329 D Common Stock 329 329 D Restricted Stock Units 2024-02-20 4 M false 451 D Common Stock 451 895 D Restricted Stock Units 2024-02-20 4 M false 443 D Common Stock 443 1324 D Restricted Stock Units 2024-02-20 4 A false 2172 A Common Stock 2172 2172 D Shares aquired upon the vesting of a portion of the performance shares granted in 2021 that were tied to the total shareholder return performance metric. Shares retained by the Company for purpose of meeting tax withholding requirements. The receipient retained all other shares. Represents shares of common stock received by the indididual in settlement of dividend rights that vested in connection with the performance shares that vested on February 20, 2024. 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. 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. Represents shares of common stock received by the individual in settlement of dividend rights granted in connection with the 2020 and 2021 Restricted Stock Unit grants. The Restricted Stock Units award was granted and was effective in February 2020, and vests in four equal, annual installments beginning on February 20, 2021. The Restricted Stock Units award was granted and was effective in February 2021, and vests and be settled in four equal, annual installments beginning on February 20, 2022. The number of derivative securities in Column 5 includes 42 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 2022, and vests in four equal, annual installments beginning on February 20, 2023. Includes 77 Restricted Stock Units received in connection with the settlement of dividend equivalent rights. The number of derivative securities in Column 5 includes 21 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 58 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