SEC Form 4 · accession 0000104918-15-000034
AVISTA CORP · AVA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Roger D Woodworth
Officer — Vice President
Period of report
Feb 5, 2015
Accepted (ET)
Feb 9, 2015 · 2:27 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000104918
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock - Restricted SharesF1 | Feb 5, 2015 | A | 1,388 | — | A | 29,493 | D | |
| Common Stock held in 401(k) Plan | holding | — | — | — | 7,235 | I | held by Trustee | |
| Common Stock held in IRA | holding | — | — | — | 400 | I | held by Trustee | |
| Common Stock held in IRA, Teresa M. Woodworth | holding | — | — | — | 1,000 | I | held by Spouse | |
| Common Stock held by Patrick D. Woodworth | holding | — | — | — | 148 | I | held by Son | |
| Common Stock held in Executive Deferral Account | holding | — | — | — | 1,860 | I | held by Trustee |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Share Grant for 2015F2,F3 | — | Feb 5, 2015 | A | 4,158 | A | — | — | Common Stock | 4,158 | 4,158 | D |
Explanation of responses
- F1Restricted Shares vest 1/3 each year over a 3-year period and are payable in Avista Corp. Common Stock at the end of each year in the 3-year period.
- F2No conversion price. Shares awarded if performance measure is met.
- F3Each performance cycle is 3 years in length. Shares will be issued at the end of each 3-year cycle if performance measure is met.