4//SEC Filing
QUEENER HUGH M 4
Accession 0001567619-23-004126
CIK 0001115055other
Filed
Mar 1, 7:00 PM ET
Accepted
Mar 2, 12:28 PM ET
Size
8.7 KB
Accession
0001567619-23-004126
Insider Transaction Report
Form 4
Transactions
- Tax Payment
PNFP Common Stock
2023-02-28$74.93/sh−2,135$159,976→ 211,835 total - Award
PNFP Common Stock
2023-02-28+6,938→ 213,970 total
Holdings
- 4,261(indirect: By 401(k))
PNFP Common Stock
- 500(indirect: By Spouse)
PNFP Common Stock
Footnotes (3)
- [F1]On January 24, 2018, the reporting person was granted 11,601 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 2018, 2019 and 2020 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, 2022 was not greater than 3.00%.Based upon the performance of Pinnacle Financial Partners, Inc.(the "Company") for 2018, 2019 and 2020 and the NPA ratio at December 31, 2022, as reflected in the Company's Annual Report on Form 10-K for 2022, the reporting person earned 6,938 performance units, which units vested and were settled in 6,938 shares of Company common stock. As described in footnote 3, a portion of those 6,938 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, 12:28 PM ET
- Size
- 8.7 KB