PINNACLE WEST CAP CORP

Ticker: PNW CUSIP: 723484101 Class: COM

SEARLE & CO.'s Holding History (CIK: 0000710127)

Note: Option positions (PUT/CALL) are excluded.

Q2 2015

Shares 400 Value ($000) $22 Avg Close $39.75 Range $37.04 - $42.55

Q1 2015

Shares 401 Value ($000) $25 Avg Close $43.61 Range $40.31 - $47.62

Q4 2014

Shares 400 Value ($000) $27 Avg Close $40.25 Range $35.11 - $46.19

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2015	400	$22	$39.75	$37.04 - $42.55
Q1 2015	401	$25	$43.61	$40.31 - $47.62
Q4 2014	400	$27	$40.25	$35.11 - $46.19