Filing Details

Accession Number:
0001140361-18-002069
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-01-16 18:16:08
Reporting Period:
2018-01-11
Accepted Time:
2018-01-16 18:16:08
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 Disposition 2018-01-11 2,944 $0.00 1,036 No 4 J Indirect See Footnote
Common Stock Acquisiton 2018-01-11 2,944 $0.00 13,486 No 4 J Indirect By Trust
Common Stock Disposition 2018-01-11 0 $58.30 1,036 No 4 S Indirect See Footnote
Common Stock Disposition 2018-01-11 1,036 $56.05 0 No 4 S Indirect See Footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 J Indirect See Footnote
No 4 J Indirect By Trust
No 4 S Indirect See Footnote
No 4 S Indirect See Footnote
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 851 Direct
Footnotes
  1. Shares were distributed from Deferred Compensation Plan for Directors and Executives (DCP) account to a trust account for the benefit of the reporting person's spouse pursuant to reporting person's election on December 10, 2007 with regard to his election to participate in the DCP.
  2. Reflects shares that have been credited to reporting person's account under the issuer's DCP.
  3. 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.
  4. This fractional share was distributed in connection with the Reporting Person's election on December 10, 2007 to participate in the issuer's DCP. Distribution of fractional share was made in cash based on the closing market value on January 3, 2018.
  5. These shares were issued in connection with the Reporting Person's election on December 10, 2007 to participate in issuer's DCP, which specifies that taxes shall be withheld from distributions. Pursuant to the DCP and the Reporting Person's election on December 10, 2007, these shares were sold to pay taxes on the DCP distribution made on January 11, 2018.
  6. This transaction was executed in aggregate along with stock sales of other DCP participants who received DCP stock distributions on January 11, 2018 and elected that taxes be withheld (The Transaction). The Transaction was executed in multiple trades on reported date with prices ranging from $56.05 - $56.075, resulting in an average price of $56.0531. 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.
  7. Includes 328 restricted stock units (RSUs) granted in accordance with the Northwest Natural Gas Company Compensation Policy for Non-employee Directors. These RSUs vest on May 23, 2018.