Home/Filings/4/0001115055-25-000048
4//SEC Filing

CARPENTER HAROLD R 4

Accession 0001115055-25-000048

CIK 0001115055other

Filed

Feb 26, 7:00 PM ET

Accepted

Feb 27, 4:27 PM ET

Size

8.4 KB

Accession

0001115055-25-000048

Insider Transaction Report

Form 4
Period: 2025-02-25
Transactions
  • Award

    PNFP Common Stock

    2025-02-25+11,47373,135 total
  • Tax Payment

    PNFP Common Stock

    2025-02-25$113.02/sh4,872$550,63368,263 total
Holdings
  • PNFP Common Stock

    (indirect: By 401(k))
    13,503
Footnotes (4)
  • [F1]On January 23, 2020, the reporting person was granted 21,548 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 2020, 2021 and 2022 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, 2024 was not greater than 3.00%. Based upon the Company's performance for 2020, 2021 and 2022 and the NPA ratio at December 31, 2024, as reflected in the Company's Annual Report on Form 10-K for 2024, the reporting person earned 12,377 performance units, which units vested and were settled in 12,377 shares of Company common stock. As described in footnote 3, a portion of those 12,377 shares of common stock were retained by the Company to cover withholding taxes owed by the reporting person.
  • [F2]Following the share withholding noted in footnote 4 above, 904 shares of Pinnacle Financial Partners, Inc. common stock was transferred to the reporting person's former spouse pursuant to a domestic relations order. The reporting person no longer reports as beneficially owned any securities owned by his former spouse.
  • [F3]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.
  • [F4]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.

Issuer

PINNACLE FINANCIAL PARTNERS INC

CIK 0001115055

Entity typeother

Related Parties

1
  • filerCIK 0001248774

Filing Metadata

Form type
4
Filed
Feb 26, 7:00 PM ET
Accepted
Feb 27, 4:27 PM ET
Size
8.4 KB