Filing Details

Accession Number:
0001140361-10-013615
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-03-25 13:00:00
Reporting Period:
2010-03-23
Filing Date:
2010-03-25
Accepted Time:
2010-03-25 14:13:17
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
73020 Northwest Natural Gas Co NWN Natural Gas Distribution (4924) 930256722
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1192773 S Mark Dodson 220 Nw Second Avenue
Portland OR 97209
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2010-03-23 6,000 $44.48 19,000 No 4 M Direct
Common Stock Disposition 2010-03-23 6,000 $46.91 13,000 No 4 S Direct
Common Stock Disposition 2010-03-23 1,000 $47.00 11,431 No 4 S Indirect By Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Indirect By Trust
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option to Buy Disposition 2010-03-23 6,000 $0.00 13,000 $44.48
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
7,000 2011-12-31 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 22,518 Indirect See Footnote
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Employee Stock Option to Buy $34.29 2011-12-31 23,000 23,000 Direct
Common Stock Employee Stock Option to Buy $43.29 2011-12-31 25,000 25,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2011-12-31 23,000 23,000 Direct
2011-12-31 25,000 25,000 Direct
Footnotes
  1. The sale of Northwest Natural Gas Company stock took place in 62 seperate broker transactions occurring on 3/23/2010. The price in column 4 represents the weighted average sale price for the transactions reported on this line. The range of prices for these transactions was $46.90 -$46.92. Northwest Natural Gas Company will provide upon request by the Commission staff or a security holder of Northwest Natural Gas Company full information regarding the number of shares purchased or sold at each separate price.
  2. These shares are held in a trust for the benefit of the reporting person's spouse. The filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
  3. Reflects shares that have been credited to reporting person's account under the issuer's Deferred Compensation Plan for Directors and Executives.
  4. Option was granted for 23,000 shares pursuant to Northwest Natural Gas Company's Restated Stock Option Plan (the "Plan"). The option vested in installment of 5,750 shares on February 21, 2008. Pursuant to the Plan, the remaining 17,250 shares became fully exercisable upon Mr. Dodson's retirement on December 31, 2008. The option expires on December 31, 2011.
  5. Option was granted for 23,000 shares pursuant to Northwest Natural Gas Company's Restated Stock Option Plan (the "Plan"). The option vested in installments of 5,750 shares on each February 22, 2007 and January 1, 2008. Pursuant to the Plan, the remaining 11,500 shares became fully exercisable upon Mr. Dodson's retirement on December 31, 2008. The option expires on December 31, 2011.
  6. Option was granted for 25,000 shares pursuant to Northwest Natural Gas Company's Restated Stock Option Plan (the "Plan"). Pursuant to the Plan, the remaining 25,000 shares became fully exercisable upon Mr. Dodson's retirement on December 31, 2008. The option expires on December 31, 2011.