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FROETSCHER DANIEL T

Disclosed activity across 1 company

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142355
SEC CIK
0001521333

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Reported relationships

Latest disclosed role at each company.

CompanyLast reported asReport datePublished
PINNACLE WEST CAPITAL CORPPNW · Entity 3465President & COO, APSFebruary 19, 2021February 23, 2021

Disclosed balances

About these balances

Latest available filing per company, not a reconstructed current portfolio. Matching sequences show the last reported balance with all source rows expandable; grouping alone does not establish account ownership. Do not add unresolved positions together. Filings may omit unchanged positions, and amendments may correct only part of an older disclosure. Jointly reported shares are not necessarily this owner's personal holdings.

PINNACLE WEST CAPITAL CORP

Report date February 19, 2021 · Filed February 23, 2021

Security / awardOwnership accountDisclosed shares / unitsDisclosure context
Common StockSEC Table I · non-derivativeDirect12,726 Ending reported balance After 2021-02-19 transaction · row 8
8 source rows · reconciled sequence

Row 1 · 2021-02-19 · Exercise / conversion · Acquired 439 · Balance 13,165

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.

Row 2 · 2021-02-19 · Disposition to issuer · Disposed 439 · Balance 12,726

Row 3 · 2021-02-19 · Exercise / conversion · Acquired 681 · Balance 13,407

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.

Row 4 · 2021-02-19 · Disposition to issuer · Disposed 681 · Balance 12,726

Row 5 · 2021-02-19 · Exercise / conversion · Acquired 580 · Balance 13,306

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.

Row 6 · 2021-02-19 · Disposition to issuer · Disposed 580 · Balance 12,726

Row 7 · 2021-02-19 · Exercise / conversion · Acquired 884 · Balance 13,610

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.

Row 8 · 2021-02-19 · Disposition to issuer · Disposed 884 · Balance 12,726

Restricted Stock UnitsSEC Table II · derivative / convertible securityDirect0 Reported balance After 2021-02-19 transaction · row 9 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 9 · 2021-02-19 · Exercise / conversion · Disposed 439 · Balance 0

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 in February 2017, and vests in four equal, annual installments beginning on February 20, 2018.

Restricted Stock UnitsSEC Table II · derivative / convertible securityDirect681 Reported balance After 2021-02-19 transaction · row 10 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 10 · 2021-02-19 · Exercise / conversion · Disposed 681 · Balance 681

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.

F3: 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.

Restricted Stock UnitsSEC Table II · derivative / convertible securityDirect1,160 Reported balance After 2021-02-19 transaction · row 11 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 11 · 2021-02-19 · Exercise / conversion · Disposed 580 · Balance 1,160

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.

F4: 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.

Restricted Stock UnitsSEC Table II · derivative / convertible securityDirect2,652 Reported balance After 2021-02-19 transaction · row 12 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 12 · 2021-02-19 · Exercise / conversion · Disposed 884 · Balance 2,652

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.

F5: The Restricted Stock Units award was granted and was effective in February 2020, and vests in four equal, annual installments beginning on February 19, 2021.

Filing footnotes · ownership attribution and instrument terms

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 in February 2017, and vests in four equal, annual installments beginning on February 20, 2018.

F3: 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.

F4: 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.

F5: The Restricted Stock Units award was granted and was effective in February 2020, and vests in four equal, annual installments beginning on February 19, 2021.

Transaction history

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Purchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”

The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.

Transaction dateCompanyActivity / securityShares / unitsReported priceReported valueDetails
February 20, 2019 Filed Feb 22, 2019 21:57 UTC PINNACLE WEST CAPITAL CORP PNW · Entity 3465 Exercise / conversionCommon Stock 260 $0.00 $0.00
Disclosure

SEC source: 0001209191-19-012661 · doc4.xml · nonDerivative · entry 7

FROETSCHER DANIEL T · CIK 0001521333 · EVP, Operations, APS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,926

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: 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.

F1 · price: 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.

Read SEC document
February 20, 2019 Filed Feb 22, 2019 21:57 UTC PINNACLE WEST CAPITAL CORP PNW · Entity 3465 Disposition to issuerCommon Stock 261 $90.93 $23,732.73
Disclosure

SEC source: 0001209191-19-012661 · doc4.xml · nonDerivative · entry 6

FROETSCHER DANIEL T · CIK 0001521333 · EVP, Operations, APS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,666

Read SEC document
February 20, 2019 Filed Feb 22, 2019 21:57 UTC PINNACLE WEST CAPITAL CORP PNW · Entity 3465 Exercise / conversionCommon Stock 261 $0.00 $0.00
Disclosure

SEC source: 0001209191-19-012661 · doc4.xml · nonDerivative · entry 5

FROETSCHER DANIEL T · CIK 0001521333 · EVP, Operations, APS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,927

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: 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.

F1 · price: 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.

Read SEC document
February 20, 2019 Filed Feb 22, 2019 21:57 UTC PINNACLE WEST CAPITAL CORP PNW · Entity 3465 Tax withholdingCommon Stock 108 $90.93 $9,820.44
Disclosure

SEC source: 0001209191-19-012661 · doc4.xml · nonDerivative · entry 4

FROETSCHER DANIEL T · CIK 0001521333 · EVP, Operations, APS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,666

F2 · kind: Shares retained by the Company for the purpose of meeting tax withholding requirements. The recipient retained all other shares.

Read SEC document
February 20, 2019 Filed Feb 22, 2019 21:57 UTC PINNACLE WEST CAPITAL CORP PNW · Entity 3465 Exercise / conversionCommon Stock 260 $0.00 $0.00
Disclosure

SEC source: 0001209191-19-012661 · doc4.xml · nonDerivative · entry 3

FROETSCHER DANIEL T · CIK 0001521333 · EVP, Operations, APS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,774

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: 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.

F1 · price: 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.

Read SEC document
February 20, 2019 Filed Feb 22, 2019 21:57 UTC PINNACLE WEST CAPITAL CORP PNW · Entity 3465 Disposition to issuerCommon Stock 260 $90.93 $23,641.80
Disclosure

SEC source: 0001209191-19-012661 · doc4.xml · nonDerivative · entry 2

FROETSCHER DANIEL T · CIK 0001521333 · EVP, Operations, APS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,514

Read SEC document
February 20, 2019 Filed Feb 22, 2019 21:57 UTC PINNACLE WEST CAPITAL CORP PNW · Entity 3465 Exercise / conversionCommon Stock 260 $0.00 $0.00
Disclosure

SEC source: 0001209191-19-012661 · doc4.xml · nonDerivative · entry 1

FROETSCHER DANIEL T · CIK 0001521333 · EVP, Operations, APS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,774

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: 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.

F1 · price: 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.

Read SEC document
February 19, 2019 Filed Feb 21, 2019 22:05 UTC PINNACLE WEST CAPITAL CORP PNW · Entity 3465 GrantRestricted Stock Units · Derivative 2,320 Not disclosed Not disclosed
Disclosure

SEC source: 0001209191-19-012147 · doc4.xml · derivative · entry 5

FROETSCHER DANIEL T · CIK 0001521333 · EVP, Operations, APS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,320

Underlying: Common Stock · 2,320 shares

Expires not disclosed

F4 · derivative.exercise_price: 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.

F4 · price: 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 · derivative.exercise_date: The Restricted Stock Units award was granted and was effective on February 19, 2019, and vests in four equal, annual installments beginning on February 20, 2020, and will be settled in four equal, annual installments beginning February 20, 2020.

F5 · derivative.expiration_date: The Restricted Stock Units award was granted and was effective on February 19, 2019, and vests in four equal, annual installments beginning on February 20, 2020, and will be settled in four equal, annual installments beginning February 20, 2020.

Read SEC document
February 19, 2019 Filed Feb 21, 2019 22:05 UTC PINNACLE WEST CAPITAL CORP PNW · Entity 3465 Tax withholdingCommon Stock 85 $90.65 $7,705.25
Disclosure

SEC source: 0001209191-19-012147 · doc4.xml · nonDerivative · entry 4

FROETSCHER DANIEL T · CIK 0001521333 · EVP, Operations, APS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,514

F2 · kind: Shares retained by the Company for the purpose of meeting tax withholding requirements. The recipient retained all other shares.

Read SEC document
February 19, 2019 Filed Feb 21, 2019 22:05 UTC PINNACLE WEST CAPITAL CORP PNW · Entity 3465 GrantCommon Stock 194 $0.00 $0.00
Disclosure

SEC source: 0001209191-19-012147 · doc4.xml · nonDerivative · entry 3

FROETSCHER DANIEL T · CIK 0001521333 · EVP, Operations, APS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,599

F3 · shares: Represents shares of common stock received by the individual in settlement of dividend rights that vested in connection with the performance shares that vested on February 19, 2019.

F3 · price: Represents shares of common stock received by the individual in settlement of dividend rights that vested in connection with the performance shares that vested on February 19, 2019.

Read SEC document
February 19, 2019 Filed Feb 21, 2019 22:05 UTC PINNACLE WEST CAPITAL CORP PNW · Entity 3465 Tax withholdingCommon Stock 904 $90.65 $81,947.60
Disclosure

SEC source: 0001209191-19-012147 · doc4.xml · nonDerivative · entry 2

FROETSCHER DANIEL T · CIK 0001521333 · EVP, Operations, APS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,405

F2 · kind: Shares retained by the Company for the purpose of meeting tax withholding requirements. The recipient retained all other shares.

Read SEC document
February 19, 2019 Filed Feb 21, 2019 22:05 UTC PINNACLE WEST CAPITAL CORP PNW · Entity 3465 GrantCommon Stock 2,021 $0.00 $0.00
Disclosure

SEC source: 0001209191-19-012147 · doc4.xml · nonDerivative · entry 1

FROETSCHER DANIEL T · CIK 0001521333 · EVP, Operations, APS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,309

F1 · shares: Shares acquired upon the vesting of a portion of the performance shares granted in 2016 that were tied to the total shareholder return performance metric.

F1 · price: Shares acquired upon the vesting of a portion of the performance shares granted in 2016 that were tied to the total shareholder return performance metric.

Read SEC document
December 13, 2018 Filed Dec 17, 2018 23:19 UTC PINNACLE WEST CAPITAL CORP PNW · Entity 3465 SaleCommon Stock 2,558 $92.20 $235,847.60
Disclosure

SEC source: 0001209191-18-063029 · doc4.xml · nonDerivative · entry 1

FROETSCHER DANIEL T · CIK 0001521333 · EVP, Operations, APS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,288

Read SEC document
October 17, 2018 Filed Oct 19, 2018 22:13 UTC PINNACLE WEST CAPITAL CORP PNW · Entity 3465 Tax withholdingCommon Stock 90 $83.69 $7,532.10
Disclosure

SEC source: 0001209191-18-055752 · doc4.xml · nonDerivative · entry 4

FROETSCHER DANIEL T · CIK 0001521333 · EVP, Operations, APS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,741

F2 · kind: Shares retained by the Company for the purpose of meeting tax withholding requirements. The recipient retained all other shares.

Read SEC document
October 17, 2018 Filed Oct 19, 2018 22:13 UTC PINNACLE WEST CAPITAL CORP PNW · Entity 3465 GrantCommon Stock 206 $0.00 $0.00
Disclosure

SEC source: 0001209191-18-055752 · doc4.xml · nonDerivative · entry 3

FROETSCHER DANIEL T · CIK 0001521333 · EVP, Operations, APS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,831

F3 · shares: Represents shares of common stock received by the individual in settlement of dividend rights that vested in connection with the performance shares that vested on October 17, 2018.

F3 · price: Represents shares of common stock received by the individual in settlement of dividend rights that vested in connection with the performance shares that vested on October 17, 2018.

Read SEC document
October 17, 2018 Filed Oct 19, 2018 22:13 UTC PINNACLE WEST CAPITAL CORP PNW · Entity 3465 Tax withholdingCommon Stock 759 $83.69 $63,520.71
Disclosure

SEC source: 0001209191-18-055752 · doc4.xml · nonDerivative · entry 2

FROETSCHER DANIEL T · CIK 0001521333 · EVP, Operations, APS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,625

F2 · kind: Shares retained by the Company for the purpose of meeting tax withholding requirements. The recipient retained all other shares.

Read SEC document
October 17, 2018 Filed Oct 19, 2018 22:13 UTC PINNACLE WEST CAPITAL CORP PNW · Entity 3465 GrantCommon Stock 1,742 $0.00 $0.00
Disclosure

SEC source: 0001209191-18-055752 · doc4.xml · nonDerivative · entry 1

FROETSCHER DANIEL T · CIK 0001521333 · EVP, Operations, APS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,384

F1 · shares: Shares acquired upon the vesting of a portion of the performance shares granted in 2015.

F1 · price: Shares acquired upon the vesting of a portion of the performance shares granted in 2015.

Read SEC document
February 20, 2018 Filed Feb 22, 2018 22:52 UTC PINNACLE WEST CAPITAL CORP PNW · Entity 3465 GrantRestricted Stock Units · Derivative 2,724 Not disclosed Not disclosed
Disclosure

SEC source: 0001209191-18-012556 · doc4.xml · derivative · entry 25

FROETSCHER DANIEL T · CIK 0001521333 · EVP, Operations, APS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,724

Underlying: Common Stock · 2,724 shares

Expires not disclosed

F5 · derivative.exercise_price: 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 · price: 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.

F11 · derivative.exercise_date: The Restricted Stock Units award was granted and was effective on February 20, 2018, and vests in four equal, annual installments beginning on February 20, 2019, and will be settled in four equal, annual installments beginning February 20, 2019.

F11 · derivative.expiration_date: The Restricted Stock Units award was granted and was effective on February 20, 2018, and vests in four equal, annual installments beginning on February 20, 2019, and will be settled in four equal, annual installments beginning February 20, 2019.

Read SEC document
February 20, 2018 Filed Feb 22, 2018 22:52 UTC PINNACLE WEST CAPITAL CORP PNW · Entity 3465 Exercise / conversionRestricted Stock Units · Derivative 439 Not disclosed Not disclosed
Disclosure

SEC source: 0001209191-18-012556 · doc4.xml · derivative · entry 24

FROETSCHER DANIEL T · CIK 0001521333 · EVP, Operations, APS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,317

Underlying: Common Stock · 439 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · derivative.exercise_price: 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 · price: 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.

F10 · derivative.exercise_date: The Restricted Stock Units award was granted and was effective in February 2017, and vest in four equal, annual installments beginning on February 20, 2018.

F10 · derivative.expiration_date: The Restricted Stock Units award was granted and was effective in February 2017, and vest in four equal, annual installments beginning on February 20, 2018.

Read SEC document
February 20, 2018 Filed Feb 22, 2018 22:52 UTC PINNACLE WEST CAPITAL CORP PNW · Entity 3465 Exercise / conversionRestricted Stock Units · Derivative 521 Not disclosed Not disclosed
Disclosure

SEC source: 0001209191-18-012556 · doc4.xml · derivative · entry 23

FROETSCHER DANIEL T · CIK 0001521333 · EVP, Operations, APS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,042

Underlying: Common Stock · 521 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · derivative.exercise_price: 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.

F4 · price: 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.

F9 · derivative.exercise_date: 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.

F9 · derivative.expiration_date: 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.

Read SEC document
February 20, 2018 Filed Feb 22, 2018 22:52 UTC PINNACLE WEST CAPITAL CORP PNW · Entity 3465 Exercise / conversionRestricted Stock Units · Derivative 520 Not disclosed Not disclosed
Disclosure

SEC source: 0001209191-18-012556 · doc4.xml · derivative · entry 22

FROETSCHER DANIEL T · CIK 0001521333 · EVP, Operations, APS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 520

Underlying: Common Stock · 520 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · derivative.exercise_price: 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.

F4 · price: 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.

F8 · derivative.exercise_date: The Restricted Stock Units award was granted and was effective in February 2015, and vest in four equal, annual installments beginning on February 20, 2016.

F8 · derivative.expiration_date: The Restricted Stock Units award was granted and was effective in February 2015, and vest in four equal, annual installments beginning on February 20, 2016.

Read SEC document
February 20, 2018 Filed Feb 22, 2018 22:52 UTC PINNACLE WEST CAPITAL CORP PNW · Entity 3465 Exercise / conversionRestricted Stock Units · Derivative 514 Not disclosed Not disclosed
Disclosure

SEC source: 0001209191-18-012556 · doc4.xml · derivative · entry 21

FROETSCHER DANIEL T · CIK 0001521333 · EVP, Operations, APS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 514 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · derivative.exercise_price: 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.

F4 · price: 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.

F7 · derivative.exercise_date: The Restricted Stock Units award was granted and was effective in February 2014, and vest in four equal, annual installments beginning on February 20, 2015.

F7 · derivative.expiration_date: The Restricted Stock Units award was granted and was effective in February 2014, and vest in four equal, annual installments beginning on February 20, 2015.

Read SEC document
February 20, 2018 Filed Feb 22, 2018 22:52 UTC PINNACLE WEST CAPITAL CORP PNW · Entity 3465 Tax withholdingCommon Stock 38 $77.20 $2,933.60
Disclosure

SEC source: 0001209191-18-012556 · doc4.xml · nonDerivative · entry 20

FROETSCHER DANIEL T · CIK 0001521333 · EVP, Operations, APS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,350

F2 · kind: Shares retained by the Company for the purpose of meeting tax withholding requirements. The recipient retained all other shares.

Read SEC document
February 20, 2018 Filed Feb 22, 2018 22:52 UTC PINNACLE WEST CAPITAL CORP PNW · Entity 3465 GrantCommon Stock 83 $0.00 $0.00
Disclosure

SEC source: 0001209191-18-012556 · doc4.xml · nonDerivative · entry 19

FROETSCHER DANIEL T · CIK 0001521333 · EVP, Operations, APS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,388

F6 · shares: Represents shares of common stock received by the individual in settlement of dividend rights granted in connection with the 2014, 2015 and 2016 Restricted Stock Unit grants.

F6 · price: Represents shares of common stock received by the individual in settlement of dividend rights granted in connection with the 2014, 2015 and 2016 Restricted Stock Unit grants.

Read SEC document
February 20, 2018 Filed Feb 22, 2018 22:52 UTC PINNACLE WEST CAPITAL CORP PNW · Entity 3465 Disposition to issuerCommon Stock 439 $77.20 $33,890.80
Disclosure

SEC source: 0001209191-18-012556 · doc4.xml · nonDerivative · entry 18

FROETSCHER DANIEL T · CIK 0001521333 · EVP, Operations, APS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,305

Read SEC document
February 20, 2018 Filed Feb 22, 2018 22:52 UTC PINNACLE WEST CAPITAL CORP PNW · Entity 3465 Exercise / conversionCommon Stock 439 $0.00 $0.00
Disclosure

SEC source: 0001209191-18-012556 · doc4.xml · nonDerivative · entry 17

FROETSCHER DANIEL T · CIK 0001521333 · EVP, Operations, APS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,744

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · shares: 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 · price: 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.

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February 20, 2018 Filed Feb 22, 2018 22:52 UTC PINNACLE WEST CAPITAL CORP PNW · Entity 3465 Tax withholdingCommon Stock 108 $77.20 $8,337.60
Disclosure

SEC source: 0001209191-18-012556 · doc4.xml · nonDerivative · entry 16

FROETSCHER DANIEL T · CIK 0001521333 · EVP, Operations, APS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,305

F2 · kind: Shares retained by the Company for the purpose of meeting tax withholding requirements. The recipient retained all other shares.

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February 20, 2018 Filed Feb 22, 2018 22:52 UTC PINNACLE WEST CAPITAL CORP PNW · Entity 3465 Exercise / conversionCommon Stock 260 $0.00 $0.00
Disclosure

SEC source: 0001209191-18-012556 · doc4.xml · nonDerivative · entry 15

FROETSCHER DANIEL T · CIK 0001521333 · EVP, Operations, APS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,413

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · shares: 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.

F4 · price: 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.

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February 20, 2018 Filed Feb 22, 2018 22:52 UTC PINNACLE WEST CAPITAL CORP PNW · Entity 3465 Disposition to issuerCommon Stock 261 $77.20 $20,149.20
Disclosure

SEC source: 0001209191-18-012556 · doc4.xml · nonDerivative · entry 14

FROETSCHER DANIEL T · CIK 0001521333 · EVP, Operations, APS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,153

Read SEC document
February 20, 2018 Filed Feb 22, 2018 22:52 UTC PINNACLE WEST CAPITAL CORP PNW · Entity 3465 Exercise / conversionCommon Stock 261 $0.00 $0.00
Disclosure

SEC source: 0001209191-18-012556 · doc4.xml · nonDerivative · entry 13

FROETSCHER DANIEL T · CIK 0001521333 · EVP, Operations, APS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,414

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · shares: 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.

F4 · price: 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.

Read SEC document
February 20, 2018 Filed Feb 22, 2018 22:52 UTC PINNACLE WEST CAPITAL CORP PNW · Entity 3465 Tax withholdingCommon Stock 108 $77.20 $8,337.60
Disclosure

SEC source: 0001209191-18-012556 · doc4.xml · nonDerivative · entry 12

FROETSCHER DANIEL T · CIK 0001521333 · EVP, Operations, APS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,153

F2 · kind: Shares retained by the Company for the purpose of meeting tax withholding requirements. The recipient retained all other shares.

Read SEC document
February 20, 2018 Filed Feb 22, 2018 22:52 UTC PINNACLE WEST CAPITAL CORP PNW · Entity 3465 Exercise / conversionCommon Stock 260 $0.00 $0.00
Disclosure

SEC source: 0001209191-18-012556 · doc4.xml · nonDerivative · entry 11

FROETSCHER DANIEL T · CIK 0001521333 · EVP, Operations, APS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,261

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · shares: 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.

F4 · price: 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.

Read SEC document
February 20, 2018 Filed Feb 22, 2018 22:52 UTC PINNACLE WEST CAPITAL CORP PNW · Entity 3465 Disposition to issuerCommon Stock 260 $77.20 $20,072.00
Disclosure

SEC source: 0001209191-18-012556 · doc4.xml · nonDerivative · entry 10

FROETSCHER DANIEL T · CIK 0001521333 · EVP, Operations, APS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,001

Read SEC document
February 20, 2018 Filed Feb 22, 2018 22:52 UTC PINNACLE WEST CAPITAL CORP PNW · Entity 3465 Exercise / conversionCommon Stock 260 $0.00 $0.00
Disclosure

SEC source: 0001209191-18-012556 · doc4.xml · nonDerivative · entry 9

FROETSCHER DANIEL T · CIK 0001521333 · EVP, Operations, APS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,261

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · shares: 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.

F4 · price: 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.

Read SEC document
February 20, 2018 Filed Feb 22, 2018 22:52 UTC PINNACLE WEST CAPITAL CORP PNW · Entity 3465 Tax withholdingCommon Stock 106 $77.20 $8,183.20
Disclosure

SEC source: 0001209191-18-012556 · doc4.xml · nonDerivative · entry 8

FROETSCHER DANIEL T · CIK 0001521333 · EVP, Operations, APS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,001

F2 · kind: Shares retained by the Company for the purpose of meeting tax withholding requirements. The recipient retained all other shares.

Read SEC document
February 20, 2018 Filed Feb 22, 2018 22:52 UTC PINNACLE WEST CAPITAL CORP PNW · Entity 3465 Exercise / conversionCommon Stock 257 $0.00 $0.00
Disclosure

SEC source: 0001209191-18-012556 · doc4.xml · nonDerivative · entry 7

FROETSCHER DANIEL T · CIK 0001521333 · EVP, Operations, APS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,107

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · shares: 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.

F4 · price: 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.

Read SEC document
February 20, 2018 Filed Feb 22, 2018 22:52 UTC PINNACLE WEST CAPITAL CORP PNW · Entity 3465 Disposition to issuerCommon Stock 257 $77.20 $19,840.40
Disclosure

SEC source: 0001209191-18-012556 · doc4.xml · nonDerivative · entry 6

FROETSCHER DANIEL T · CIK 0001521333 · EVP, Operations, APS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,850

Read SEC document
February 20, 2018 Filed Feb 22, 2018 22:52 UTC PINNACLE WEST CAPITAL CORP PNW · Entity 3465 Exercise / conversionCommon Stock 257 $0.00 $0.00
Disclosure

SEC source: 0001209191-18-012556 · doc4.xml · nonDerivative · entry 5

FROETSCHER DANIEL T · CIK 0001521333 · EVP, Operations, APS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,107

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · shares: 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.

F4 · price: 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.

Read SEC document
February 20, 2018 Filed Feb 22, 2018 22:52 UTC PINNACLE WEST CAPITAL CORP PNW · Entity 3465 Tax withholdingCommon Stock 73 $77.20 $5,635.60
Disclosure

SEC source: 0001209191-18-012556 · doc4.xml · nonDerivative · entry 4

FROETSCHER DANIEL T · CIK 0001521333 · EVP, Operations, APS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,850

F2 · kind: Shares retained by the Company for the purpose of meeting tax withholding requirements. The recipient retained all other shares.

Read SEC document
February 20, 2018 Filed Feb 22, 2018 22:52 UTC PINNACLE WEST CAPITAL CORP PNW · Entity 3465 GrantCommon Stock 171 $0.00 $0.00
Disclosure

SEC source: 0001209191-18-012556 · doc4.xml · nonDerivative · entry 3

FROETSCHER DANIEL T · CIK 0001521333 · EVP, Operations, APS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,923

F3 · shares: Represents shares of common stock received by the individual in settlement of dividend rights that vested in connection with the performance shares that vested on February 20, 2018.

F3 · price: Represents shares of common stock received by the individual in settlement of dividend rights that vested in connection with the performance shares that vested on February 20, 2018.

Read SEC document
February 20, 2018 Filed Feb 22, 2018 22:52 UTC PINNACLE WEST CAPITAL CORP PNW · Entity 3465 Tax withholdingCommon Stock 738 $77.20 $56,973.60
Disclosure

SEC source: 0001209191-18-012556 · doc4.xml · nonDerivative · entry 2

FROETSCHER DANIEL T · CIK 0001521333 · EVP, Operations, APS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,752

F2 · kind: Shares retained by the Company for the purpose of meeting tax withholding requirements. The recipient retained all other shares.

Read SEC document
February 20, 2018 Filed Feb 22, 2018 22:52 UTC PINNACLE WEST CAPITAL CORP PNW · Entity 3465 GrantCommon Stock 1,602 $0.00 $0.00
Disclosure

SEC source: 0001209191-18-012556 · doc4.xml · nonDerivative · entry 1

FROETSCHER DANIEL T · CIK 0001521333 · EVP, Operations, APS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,490

F1 · shares: Shares acquired upon the vesting of a portion of the performance shares granted in 2015.

F1 · price: Shares acquired upon the vesting of a portion of the performance shares granted in 2015.

Read SEC document
October 17, 2017 Filed Oct 19, 2017 21:23 UTC PINNACLE WEST CAPITAL CORP PNW · Entity 3465 Tax withholdingCommon Stock 92 $87.76 $8,073.92
Disclosure

SEC source: 0001209191-17-057492 · doc4.xml · nonDerivative · entry 4

FROETSCHER DANIEL T · CIK 0001521333 · SVP, Trans, Distr & Cust-APS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,814

F2 · kind: Shares retained by the Company for the purpose of meeting tax withholding requirements. The recipient retained all other shares.

Read SEC document
October 17, 2017 Filed Oct 19, 2017 21:23 UTC PINNACLE WEST CAPITAL CORP PNW · Entity 3465 GrantCommon Stock 198 $0.00 $0.00
Disclosure

SEC source: 0001209191-17-057492 · doc4.xml · nonDerivative · entry 3

FROETSCHER DANIEL T · CIK 0001521333 · SVP, Trans, Distr & Cust-APS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,906

F3 · shares: Represents shares of common stock received by the individual in settlement of dividend rights that vested in connection with the performance shares that vested on October 17, 2017.

F3 · price: Represents shares of common stock received by the individual in settlement of dividend rights that vested in connection with the performance shares that vested on October 17, 2017.

Read SEC document
October 17, 2017 Filed Oct 19, 2017 21:23 UTC PINNACLE WEST CAPITAL CORP PNW · Entity 3465 Tax withholdingCommon Stock 851 $87.76 $74,683.76
Disclosure

SEC source: 0001209191-17-057492 · doc4.xml · nonDerivative · entry 2

FROETSCHER DANIEL T · CIK 0001521333 · SVP, Trans, Distr & Cust-APS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,708

F2 · kind: Shares retained by the Company for the purpose of meeting tax withholding requirements. The recipient retained all other shares.

Read SEC document
October 17, 2017 Filed Oct 19, 2017 21:23 UTC PINNACLE WEST CAPITAL CORP PNW · Entity 3465 GrantCommon Stock 1,843 $0.00 $0.00
Disclosure

SEC source: 0001209191-17-057492 · doc4.xml · nonDerivative · entry 1

FROETSCHER DANIEL T · CIK 0001521333 · SVP, Trans, Distr & Cust-APS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,559

F1 · shares: Shares acquired upon the vesting of a portion of the performance shares granted in 2014.

F1 · price: Shares acquired upon the vesting of a portion of the performance shares granted in 2014.

Read SEC document
May 26, 2017 Filed May 31, 2017 22:30 UTC PINNACLE WEST CAPITAL CORP PNW · Entity 3465 OtherCommon Stock 1 $87.40 $87.40
Disclosure

SEC source: 0001209191-17-036586 · doc4.xml · nonDerivative · entry 2

FROETSCHER DANIEL T · CIK 0001521333 · SVP, Trans, Distr & Cust-APS

10b5-1 filing: Not disclosed

Ownership: Indirect · by wife's 401(k)

Disclosed balance after: 0

Read SEC document
May 26, 2017 Filed May 31, 2017 22:30 UTC PINNACLE WEST CAPITAL CORP PNW · Entity 3465 SaleCommon Stock 2,800 $87.31 $244,468.00
Disclosure

SEC source: 0001209191-17-036586 · doc4.xml · nonDerivative · entry 1

FROETSCHER DANIEL T · CIK 0001521333 · SVP, Trans, Distr & Cust-APS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,568

Read SEC document
February 21, 2017 Filed Feb 23, 2017 21:47 UTC PINNACLE WEST CAPITAL CORP PNW · Entity 3465 GrantRestricted Stock Units · Derivative 1,756 $0.00 $0.00
Disclosure

SEC source: 0001209191-17-013828 · doc4.xml · derivative · entry 6

FROETSCHER DANIEL T · CIK 0001521333 · SVP, Trans, Distr & Cust-APS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,756

Underlying: Common Stock · 1,756 shares

Expires not disclosed

F4 · derivative.exercise_price: 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% cash.

F4 · price: 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% cash.

F5 · derivative.exercise_date: The Restricted Stock Units award was granted and was effective on February 21, 2017, and vests in four equal, annual installments beginning on February 20, 2018, and will be settled in four equal, annual installments beginning February 20, 2018.

F5 · derivative.expiration_date: The Restricted Stock Units award was granted and was effective on February 21, 2017, and vests in four equal, annual installments beginning on February 20, 2018, and will be settled in four equal, annual installments beginning February 20, 2018.

Read SEC document
February 21, 2017 Filed Feb 23, 2017 21:47 UTC PINNACLE WEST CAPITAL CORP PNW · Entity 3465 Tax withholdingCommon Stock 103 $79.77 $8,216.31
Disclosure

SEC source: 0001209191-17-013828 · doc4.xml · nonDerivative · entry 4

FROETSCHER DANIEL T · CIK 0001521333 · SVP, Trans, Distr & Cust-APS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,293

F2 · kind: Shares retained by the Company for the purpose of meeting tax withholding requirements. The recipient retained all other shares.

Read SEC document

Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.