SEC Form 4 · accession 0000104918-19-000035
AVISTA CORP · AVA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott L Morris
Officer — Chairman and CEO
Period of report
Feb 5, 2019
Accepted (ET)
Feb 7, 2019 · 2:46 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 - 2016 and 2017 Restricted Stock DeliveredF1 | Feb 5, 2019 | A | 8,853 | — | A | 226,258 | D | |
| Common Stock - 2016 and 2017 Restricted SharesF2 | Feb 5, 2019 | F | 2,156 | $41.42 | D | 224,102 | D | |
| Common Stock-Performance SharesF3 | Feb 5, 2019 | M | 7,437 | — | A | 231,539 | D | |
| Common Stock-Performance SharesF4 | Feb 5, 2019 | F | 1,811 | $41.42 | D | 229,728 | D | |
| Estimated shares held in 401(k) Plan | holding | — | — | — | 171 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Conversion of 2016 Performance Shares related to CEPSF3 | — | Feb 5, 2019 | M | 13,280 | A | — | — | Common Stock | 13,280 | 0 | 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.
- F2Shares withheld to pay income tax on Restricted Shares acquired 2/5/19.
- F3Each performance share represents a contingent right to receive a share of Avista Common Stock upon achieving a specified performance measure.
- F4Shares withheld to pay income tax on Performance Shares acquired 2/5/19.