4//SEC Filing
White J. Harvey 4
Accession 0001115055-24-000094
CIK 0001115055other
Filed
Mar 13, 8:00 PM ET
Accepted
Mar 14, 6:30 AM ET
Size
8.1 KB
Accession
0001115055-24-000094
Insider Transaction Report
Form 4
White J. Harvey
Chief Credit Officer
Transactions
- Award
PNFP Common Stock
2024-03-12+592→ 47,453 total - Sale
PNFP Common Stock
2024-03-12$82.22/sh−145$11,922→ 47,308 total
Holdings
- 5,000(indirect: By IRA)
PNFP Common Stock
Footnotes (3)
- [F1]On January 21, 2021, the reporting person was granted 545 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 compared to peers for a performance period commencing January 1, 2021 and ended December 31, 2023 and so long as the average of the ratio of Pinnacle Bank's nonperforming assets to its loans plus other real estate owned (NPA ratio) at December 31, 2021, 2022 and 2023 was not greater than 3.00%. Based upon the performance of the Company for 2021, 2022 and 2023 and the average of the NPA ratio at December 31, 2021, 2022 and 2023 as well as total shareholder return for the Company for the period from January 21, 2021 through January 20, 2024, the reporting person earned 545 performance units, which units vested and were settled in shares of Company common stock.
- [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
- Mar 13, 8:00 PM ET
- Accepted
- Mar 14, 6:30 AM ET
- Size
- 8.1 KB