- Accession Number:
- Form Type:
- Zero Holdings:
- Publication Time:
- 2018-01-16 18:16:08
- Reporting Period:
- Accepted Time:
- 2018-01-16 18:16:08
- 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|
|1192773||S Mark Dodson||220 Nw Second Avenue |
Portland OR 97209
|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|
|Sec. Name||Remaning Holdings||Nature of Ownership||Explanation|
- 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.
- Reflects shares that have been credited to reporting person's account under the issuer's DCP.
- 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.
- 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.
- 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.
- 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.
- 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.