SEC Form 4 · accession 0001567619-19-001465
Northwest Natural Holding Co · NWN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Hugo Anderson
Officer — President & CEO · Director
Period of report
Jan 17, 2019
Accepted (ET)
Jan 22, 2019 · 7:19 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001733998
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jan 17, 2019 | J | 158 | $0.00 | D | 22,174 | I | See Footnote |
| Common StockF1 | Jan 17, 2019 | J | 158 | $0.00 | A | 69,070 | D | |
| Common StockF3,F4,F2 | Jan 17, 2019 | S | 72 | $59.2345 | D | 22,102 | I | See Footnote |
| Common StockF5 | holding | — | — | — | 1,000 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares were distributed from Deferred Compensation Plan for Directors and Executives (DCP) account to reporting person's registered account pursuant to reporting person's election on November 18, 2014.
- F2Reflects shares that have been credited to reporting person's account under the issuer's DCP.
- F3These shares were issued in connection with the reporting person's election on November 18, 2014 to participate in the issuer's DCP, which specifies that taxes shall be withheld from distributions. Pursuant to the DCP and the reporting person's election, these shares were sold to pay taxes on the DCP distribution made on January 17, 2019.
- F4This transaction was executed in aggregate along with stock sales of other DCP participants who received DCP stock distributions on January 17, 2019 and elected to have taxes withheld (The Transaction). The Transaction was executed in multiple trades on reported date with prices ranging from $59.15 to $59.76, resulting in average price of $59.2345. Northwest Natural Holding Company will provide upon request by Commission staff or a security holder of the issuer full information regarding the number of shares sold at each separate price.
- F5Shares held in reporting person's account under the issuer's Retirement K Savings Plan as of December 31, 2018.