FROETSCHER DANIEL T 4
4 · PINNACLE WEST CAPITAL CORP · Filed Feb 18, 2021
Insider Transaction Report
Form 4
FROETSCHER DANIEL T
Other
Transactions
- Award
Restricted Stock Units
2021-02-16+4,736→ 4,736 total→ Common Stock (4,736 underlying)
Footnotes (2)
- [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, 50% in common stock and 50% in cash, or 100% in cash.
- [F2]The Restricted Stock Units award was granted and was effective on February 16, 2021, and vests in four equal, annual installments beginning on February 18, 2022, and will be settled in four equal, annual installments beginning February 18, 2022.