0001209191-23-011434.txt : 20230221 0001209191-23-011434.hdr.sgml : 20230221 20230221200455 ACCESSION NUMBER: 0001209191-23-011434 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230217 FILED AS OF DATE: 20230221 DATE AS OF CHANGE: 20230221 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Blankenship Elizabeth A CENTRAL INDEX KEY: 0001780676 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08962 FILM NUMBER: 23650180 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] 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 doc4.xml FORM 4 SUBMISSION X0306 4 2023-02-17 0 0000764622 PINNACLE WEST CAPITAL CORP PNW 0001780676 Blankenship Elizabeth A 400 NORTH FIFTH STREET MAIL STATION 8602 PHOENIX AZ 85004 0 1 0 0 VP, Controller and CAO Common Stock 2023-02-17 4 M 0 56 A 2385 D Common Stock 2023-02-17 4 D 0 56 75.10 D 2329 D Common Stock 2023-02-17 4 M 0 86 A 2415 D Common Stock 2023-02-17 4 D 0 86 75.10 D 2329 D Common Stock 2023-02-17 4 M 0 86 A 2415 D Common Stock 2023-02-17 4 F 0 28 75.10 D 2387 D Common Stock 2023-02-17 4 M 0 329 A 2716 D Common Stock 2023-02-17 4 F 0 106 75.10 D 2610 D Common Stock 2023-02-17 4 M 0 429 A 3039 D Common Stock 2023-02-17 4 D 0 20 75.10 D 3019 D Common Stock 2023-02-17 4 F 0 132 75.10 D 2887 D Common Stock 2023-02-17 4 A 0 43 A 2930 D Common Stock 2023-02-17 4 F 0 14 75.10 D 2916 D Common Stock 55 I by 401K Restricted Stock Units 2023-02-17 4 M 0 56 D Common Stock 56 0 D Restricted Stock Units 2023-02-17 4 M 0 172 D Common Stock 172 172 D Restricted Stock Units 2023-02-17 4 M 0 329 D Common Stock 329 658 D Restricted Stock Units 2023-02-17 4 M 0 429 D Common Stock 429 1286 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, at the reporting person's election, in 100% shares of common stock, 50% in common stock and 50% in cash, or 100% in cash. Shares retained by the Company for the purpose of meeting tax withholding requirements. The recipient retained all other shares. 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 dividend 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 2019, and vests in four equal, annual installments beginning on February 20, 2020. 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 in four equal, annual installments beginning on February 20, 2022. The number of derivative securities in Column 5 includes 20 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 59 Restricted Stock Units received in connection with the settlement of dividend equivalent rights. /s/ Diane Wood, Attorney-in-Fact 2023-02-21