- Accession Number:
- Form Type:
- Zero Holdings:
- Publication Time:
- 2017-01-17 17:07:32
- Reporting Period:
- Filing Date:
- Accepted Time:
- 2017-01-17 17:07:32
- SEC Url:
- Form 4 Filing
|Cik||Name||Symbol||Sector (SIC)||IRS No|
|73020||Northwest Natural Gas Co||NWN||Natural Gas Distribution (4924)||930256722|
|Cik||Name||Reported Address||Insider Title||Director||Officer||Large Shareholder||Other|
|1241405||Hugo David Anderson||220 Nw Second Avenue |
Portland OR 97209
|President & Ceo||Yes||Yes||No||No|
|Sec. Name||Acquisiton - Disposition||Date||Amount||Price||Remaning Holdings||Equity Swap Involved||Form Type||Code||Nature of Ownership||Explanation|
|Common Stock||Disposition||2017-01-12||2,144||$0.00||6,884||No||4||J||Indirect||See Footnote|
|Common Stock||Disposition||2017-01-12||0||$60.55||6,883||No||4||S||Indirect||See Footnote|
|Common Stock||Disposition||2017-01-12||1,181||$58.07||5,702||No||4||S||Indirect||See Footnote|
|Equity Swap Involved||Form Type||Code||Nature of Ownership||Explanation|
|Sec. Name||Remaning Holdings||Nature of Ownership||Explanation|
|Common Stock||941||Indirect||See Footnote|
- Shares were distributed from Deferred Compensation Plan for Directors and Executives (DCP) account to reporting person's registered account pursuant to reporting person's election on March 23, 2012.
- Reflects shares that have been credited to reporting person's account under the issuer's DCP.
- This fractional share was distributed in connection with the Reporting Person's election on March 23, 2012 to participate in the issuer's DCP. Distribution of fractional share was made in cash based on the closing market value on January 4, 2017.
- These shares were issued in connection with the Reporting Person's election on March 23, 2012 to participate in the issuer's DCP, which specifies that taxes shall be withheld from distributions. Pursuant to the DCP and the Reporting Person's election on March 23, 2012, these shares were sold to pay taxes on the DCP distribution made on January 12, 2017.
- This transaction was executed in aggregate along with stock sales of other DCP participants who received DCP stock distributions on January 12, 2017 and elected that taxes be withheld (The Transaction). The Transaction was executed in multiple trades on reported date with prices ranging from $58 - $58.15, resulting in an average price of $58.0681. 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 sold at each separate price in the Transaction.
- Shares have been credited to reporting person's account under the issuer's Retirement K Savings Plan as of December 31, 2016.