TREVATHAN JAMES E JR 4
4 · PINNACLE WEST CAPITAL CORP · Filed May 22, 2020
Insider Transaction Report
Form 4
TREVATHAN JAMES E JR
Director
Transactions
- Award
Stock Units
2020-05-20+1,653→ 1,653 total→ Common Stock (1,653 underlying)
Footnotes (1)
- [F1]Each Stock Unit is the economic equivalent of one share of Pinnacle West common stock. The Stock Units vested on May 20, 2020 and, at the reporting person's election, will be settled in 100% shares of common stock, 50% in cash and 50% in common stock, or 100% in cash. The reporting person elected to defer settlement until the last business day of the month following the month in which the reporting person separates from service from the Company.