4//SEC Filing
White J. Harvey 4
Accession 0001115055-24-000041
CIK 0001115055other
Filed
Feb 29, 7:00 PM ET
Accepted
Mar 1, 4:13 PM ET
Size
8.1 KB
Accession
0001115055-24-000041
Insider Transaction Report
Form 4
White J. Harvey
Chief Credit Officer
Transactions
- Award
PNFP Common Stock
2024-02-28+9,273→ 49,120 total - Tax Payment
PNFP Common Stock
2024-02-28$83.28/sh−2,259$188,130→ 46,861 total
Holdings
- 5,000(indirect: By IRA)
PNFP Common Stock
Footnotes (3)
- [F1]On January 17, 2019, the reporting person was granted 14,027 performance units eligible to vest at target levels of performance (with vesting of more or less units possible based on the performance) of Pinnacle Financial Partners, Inc. (the "Company") against certain performance metrics on an absolute basis for 2019 and 2022 and compared to peers for 2021 and so long as the ratio of Pinnacle Bank's nonperforming assets to its loans plus other real estate owned ("NPA ratio") at December 31, 2023 was not greater than 3.00%. Based upon the Company's performance for 2019, 2020 and 2021 and the NPA ratio at December 31, 2023, as reflected in the Company's Annual Report on Form 10-K for 2023, the reporting person earned 9,273 performance units, which units vested and were settled in 9,273 shares of Company common stock. As described in footnote 3, a portion of those 9,273 shares of common stock were retained by the Company to cover withholding taxes owed by the reporting person.
- [F2]Performance units are settled in shares of common stock on a one-for-one basis. Accordingly, no purchase price was paid for the shares by the reporting person.
- [F3]Represents shares retained by the Company to cover withholding taxes due upon the vesting of the performance units and issuance of the common shares described in footnote 1.
Documents
Issuer
PINNACLE FINANCIAL PARTNERS INC
CIK 0001115055
Entity typeother
Related Parties
1- filerCIK 0001473578
Filing Metadata
- Form type
- 4
- Filed
- Feb 29, 7:00 PM ET
- Accepted
- Mar 1, 4:13 PM ET
- Size
- 8.1 KB