Schiavoni Mark A.

• Purchase • Sale • Planned purchase • Planned sale Net purchase Net sale Earnings

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Abbreviations B: Buy, S: Sell, PP: Planned purchase, PS: Planned sale, O: Option / Other

Notification date	Transaction date	B/S Transaction type	Nb. shares Price Value	Number of shares	Price	Value	Details
2018-05-31	2018-05-29	Pinnacle West Capital Corp (PNW)	S Sale	9,534 -27.2% 79.02 USD 753,377	9,534 -27.2%	79.02	USD 753,377
2015-11-20	2015-11-18	Pinnacle West Capital Corp (PNW)	S Sale	4,339 -16.7% 61.70 USD 267,716	4,339 -16.7%	61.70	USD 267,716
2014-12-08	2014-12-04	Pinnacle West Capital Corp (PNW)	S Sale	5,000 -21.4% 65.44 USD 327,200	5,000 -21.4%	65.44	USD 327,200
2012-08-15	2012-08-13	Pinnacle West Capital Corp (PNW)	S Sale	1,500 -19.4% 53.07 USD 79,605	1,500 -19.4%	53.07	USD 79,605