Filing Details

Accession Number:
0001140361-16-056118
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-03-02 19:27:40
Reporting Period:
2016-02-29
Filing Date:
2016-03-02
Accepted Time:
2016-03-02 19:27:40
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
1192779 S Gregg Kantor 220 Nw Second Ave
Portland OR 97209
Ceo Yes Yes 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 2016-02-29 25,000 $41.15 73,340 No 4 M Direct
Common Stock Disposition 2016-02-29 25,000 $50.15 48,340 No 4 S Direct
Common Stock Disposition 2016-03-02 1,624 $49.44 46,716 No 4 F Direct
Common Stock Disposition 2016-03-02 719 $49.44 45,997 No 4 F Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 F Direct
No 4 F Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option to Buy Disposition 2016-02-29 25,000 $0.00 25,000 $41.15
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2019-03-04 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 7,547 Indirect See Footnote
Common Stock 4,130 Indirect See Footnote
Common Stock 200 Indirect See Footnote
Common Stock 570 Indirect See Footnote
Footnotes
  1. This transaction reflects the sale of stock acquired on exercise of a stock option. This transaction was executed in multiple trades on reported date with prices ranging from $50.00 to $50.48, resulting in an average price of $50.1509. Northwest Natural Gas Company will provide upon request by the Commission staff or a security holder of the issuer full information regarding the number of shares purchased or sold at each separate price.
  2. Shares were withheld by the issuer to cover withholding taxes on issuance of shares due to vesting of restricted stock units. Organization and Executive Compensation Committee certification of satisfaction of the performance threshold and vesting for these restricted stock units was reported on Form 4 filed on February 26, 2016.
  3. Shares were withheld by the issuer to cover withholding taxes on issuance of performance shares. Organization and Executive Compensation Committee certification of the payout of these performance shares was reported on Form 4 filed on February 26, 2016.
  4. Shares have been credited to reporting person's account under the issuer's Deferred Compensation Plan for Directors and Executives.
  5. Shares held in reporting person's account under issuer's Retirement K Savings Plan as of February 29, 2016.
  6. Shares held in reporting person's parent's account, with respect to which the reporting person is Power of Attorney and a potential beneficiary.
  7. Shares held in reporting person's parent's IRA account, with respect to which the reporting person is Power of Attorney and a potential beneficiary.
  8. The option vested in four equal installments on February 25, 2010, and January 1, 2011, 2012, and 2013.
  9. Option was granted as part of compensation for services. The option was exercised in a cashless exercise.