4//SEC Filing
CALLICUTT RICHARD D II 4
Accession 0001115055-25-000050
CIK 0001115055other
Filed
Feb 26, 7:00 PM ET
Accepted
Feb 27, 4:29 PM ET
Size
7.5 KB
Accession
0001115055-25-000050
Insider Transaction Report
Form 4
CALLICUTT RICHARD D II
DirectorChairman-Carolinas & Virginia
Transactions
- Sale
PNFP Common Stock
2025-02-25$113.02/sh−6,110$690,552→ 92,697 total - Award
PNFP Common Stock
2025-02-25+13,980→ 98,807 total
Footnotes (3)
- [F1]On January 23, 2020, the reporting person was granted 24,339 performance units eligible to vest at target levels of performance (with vesting of more or less units possible based on the performance) of Pinnacle Financial Partners, Inc. (the "Company") against certain performance metrics compared to peers for 2020, 2021 and 2022 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, 2024 was not greater than 3.00%. Based upon the Company's performance for 2020, 2021 and 2022 and the NPA ratio at December 31, 2024, as reflected in the Company's Annual Report on Form 10-K for 2024, the reporting person earned 13,980 performance units, which units vested and were settled in 13,980 shares of Company common stock. As described in footnote 3, a portion of those 13,980 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 0001231143
Filing Metadata
- Form type
- 4
- Filed
- Feb 26, 7:00 PM ET
- Accepted
- Feb 27, 4:29 PM ET
- Size
- 7.5 KB