Filing Details

Accession Number:
0001567619-18-001408
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-08-17 18:44:10
Reporting Period:
2018-08-16
Accepted Time:
2018-08-17 18:44:10
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
1445672 Mardilyn Saathoff 220 Nw Second Avenue
Portland OR 97209
Svp, General Counsel & Reg. No 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 2018-08-16 2,000 $41.15 6,922 No 4 M Direct
Common Stock Disposition 2018-08-16 2,000 $64.91 4,922 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S 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 2018-08-16 2,000 $0.00 2,000 $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 1,160 Indirect See Footnote
Common Stock 7,638 Indirect See Footnote
Footnotes
  1. Includes 1,549 of 3,100 restricted stock units (RSUs) granted under issuer's Long Term Incentive Plan. The 3,100 RSUs vest in three installments: 775 shares on each March 1, 2019 and 2020, and 1,550 shares on March 1, 2021. Pursuant to reporting person's previous election, only 50% of the shares received upon vesting of the RSUs, or an aggregate of 1,549 shares, will be directly issued to the reporting person, with the balance being credited to the reporting person's account under the issuer's Deferred Compensation Plan for Directors and Executives.
  2. This transaction was executed in multiple trades on reported date with prices ranging from $64.90 - $64.95, resulting in an average price of $64.9080. Northwest Natural Gas Company ("Issuer") 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.
  3. Shares held in reporting person's account under Issuer's Retirement K Savings Plan as of July 31, 2018.
  4. Includes 1,551 of 3,100 RSUs granted under issuer's Long Term Incentive Plan. The 3,100 RSUs vest in three installments: 775 shares on each March 1, 2019 and 2020, and 1,550 shares on March 1, 2021. Reporting person has previously elected that 50% of shares received on vesting of RSUs, or an aggregate of 1,551 shares, will be deferred under the issuer's Deferred Compensation Plan for Directors and Executives.
  5. Shares have been credited to reporting person's account under the Issuer's Deferred Compensation Plan for Directors and Executives.
  6. The option vested in four equal installments on February 25, 2010, and January 1, 2011, 2012 and 2013.
  7. Option was granted as part of compensation for services. The option was exercised as a cashless exercise.