DAVIS JACK E 4
4 · PINNACLE WEST CAPITAL CORP · Filed May 25, 2007
Insider Transaction Report
Form 4
DAVIS JACK E
President and COO
Transactions
- Award
Restricted Stock Units
2007-05-23+10,000→ 10,000 total→ Common Stock (10,000 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Company's common stock or the cash equivalent.
- [F2]The restricted stock units vest in four equal annual installments beginning on February 20, 2008.