BEMENT ROBERT S 4
4 · PINNACLE WEST CAPITAL CORP · Filed Feb 24, 2020
Insider Transaction Report
Form 4
BEMENT ROBERT S
SVP, Site Ops PVNGS, APS
Transactions
- Disposition to Issuer
Common Stock
2020-02-20$101.09/sh−753$76,121→ 189 total - Exercise/Conversion
Common Stock
2020-02-20+583→ 772 total - Disposition to Issuer
Common Stock
2020-02-20$101.09/sh−583$58,935→ 189 total - Exercise/Conversion
Restricted Stock Units
2020-02-20−583→ 1,166 total→ Common Stock (583 underlying) - Exercise/Conversion
Restricted Stock Units
2020-02-20−753→ 753 total→ Common Stock (753 underlying) - Exercise/Conversion
Restricted Stock Units
2020-02-20−580→ 1,740 total→ Common Stock (580 underlying) - Disposition to Issuer
Common Stock
2020-02-20$101.09/sh−298$30,125→ 0 total - Exercise/Conversion
Common Stock
2020-02-20+297→ 297 total - Tax Payment
Common Stock
2020-02-20$101.09/sh−126$12,737→ 171 total - Award
Common Stock
2020-02-20+36→ 207 total - Tax Payment
Common Stock
2020-02-20$101.09/sh−18$1,820→ 189 total - Exercise/Conversion
Common Stock
2020-02-20+753→ 942 total - Disposition to Issuer
Common Stock
2020-02-20$101.09/sh−580$58,632→ 189 total - Exercise/Conversion
Restricted Stock Units
2020-02-20−595→ 0 total→ Common Stock (595 underlying) - Exercise/Conversion
Common Stock
2020-02-20+298→ 298 total - Exercise/Conversion
Common Stock
2020-02-20+580→ 769 total - Gift
Common Stock
2020-02-20−189→ 0 total - Gift
Common Stock
2020-02-20+189→ 10,268 total(indirect: By Trust)
Footnotes (9)
- [F1]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.
- [F2]Shares retained by the Company for the purpose of meeting tax withholding requirements. The recipient retained all other shares.
- [F3]Represents shares of common stock received by the individual in settlement of dividend rights granted in connection with the 2016 Restricted Stock Unit grant.
- [F4]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.
- [F5]The reporting person gifted the shares received on February 20, 2020 to a revocable family trust.
- [F6]The Restricted Stock Units award was granted and was effective in February 2016, and vests in four equal, annual installments beginning on February 20, 2017.
- [F7]The Restricted Stock Units award was granted and was effective in February 2017, and vests in four equal, annual installments beginning on February 20, 2018.
- [F8]The Restricted Stock Units award was granted and was effective in February 2018, and vests in four equal, annual installments beginning on February 20, 2019.
- [F9]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.