0001209191-23-011442.txt : 20230221
0001209191-23-011442.hdr.sgml : 20230221
20230221200934
ACCESSION NUMBER: 0001209191-23-011442
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: Geisler Theodore N
CENTRAL INDEX KEY: 0001799703
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08962
FILM NUMBER: 23650208
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
0001799703
Geisler Theodore N
400 NORTH FIFTH STREET
MAIL STATION 8602
PHOENIX
AZ
85004
0
0
0
1
President, APS
Common Stock
2023-02-17
4
M
0
194
A
200
D
Common Stock
2023-02-17
4
F
0
84
75.10
D
116
D
Common Stock
2023-02-17
4
M
0
492
A
608
D
Common Stock
2023-02-17
4
F
0
211
75.10
D
397
D
Common Stock
2023-02-17
4
M
0
1316
A
1713
D
Common Stock
2023-02-17
4
F
0
564
75.10
D
1149
D
Common Stock
2023-02-17
4
M
0
1979
A
3128
D
Common Stock
2023-02-17
4
D
0
92
75.10
D
3036
D
Common Stock
2023-02-17
4
F
0
858
75.10
D
2178
D
Common Stock
2023-02-17
4
A
0
231
A
2409
D
Common Stock
2023-02-17
4
F
0
100
75.10
D
2309
D
Common Stock
2023-02-17
4
G
0
2303
D
6
D
Common Stock
2023-02-17
4
G
0
2303
A
8470
I
by family trust
Restricted Stock Units
2023-02-17
4
M
0
194
D
Common Stock
194
0
D
Restricted Stock Units
2023-02-17
4
M
0
492
D
Common Stock
492
492
D
Restricted Stock Units
2023-02-17
4
M
0
1316
D
Common Stock
1316
2632
D
Restricted Stock Units
2023-02-17
4
M
0
1979
D
Common Stock
1979
5934
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 or 50% in common stock and 50% 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 2019, 2020 and 2021 Restricted Stock Unit grants.
The reporting person gifted the shares received on February 17, 2023 to a revocable family trust.
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 and be settled in four equal, annual installments beginning on February 20, 2022.
The number of derivative securities in Column 5 includes 92 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 273 Restricted Stock Units received in connection with the settlement of dividend equivalent rights.
/s/ Diane Wood, Attorney-in-Fact
2023-02-21