4//SEC Filing
QUEENER HUGH M 4
Accession 0001567619-22-005988
CIK 0001115055other
Filed
Mar 1, 7:00 PM ET
Accepted
Mar 2, 11:53 AM ET
Size
8.7 KB
Accession
0001567619-22-005988
Insider Transaction Report
Form 4
Transactions
- Award
PNFP Common Stock
2022-02-28+11,505→ 215,982 total - Tax Payment
PNFP Common Stock
2022-02-28$99.05/sh−4,280$423,934→ 211,702 total
Holdings
- 500(indirect: By Spouse)
PNFP Common Stock
- 4,218(indirect: By 401(k))
PNFP Common Stock
Footnotes (3)
- [F1]On January 25, 2017, the reporting person was granted 11,505 performance units eligible to vest at target levels of performance(with vesting of more or less units possible based on actual performance) based on the extent to which certain ROATA metrics were met for 2017, 2018 and 2019 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, 2021 was not greater than 3.00%.Based upon the performance of Pinnacle Financial Partners, Inc.(the "Company") for 2017, 2018 and 2019 and the NPA ratio at December 31, 2021, as reflected in the Company's Annual Report on Form 10-K for 2021, the reporting person earned 11,505 performance units, which units vested and were settled in 11,505 shares of Company common stock. As described in footnote 3, a portion of those 11,505 shares of common stock were retained by the Company to cover withholding taxes owed by the reporting person
- [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 0001248769
Filing Metadata
- Form type
- 4
- Filed
- Mar 1, 7:00 PM ET
- Accepted
- Mar 2, 11:53 AM ET
- Size
- 8.7 KB