SEC Form 4 · accession 0001567619-19-005661
Northwest Natural Holding Co · NWN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
MardiLyn Saathoff
Officer — SVP, General Counsel & Reg.
Period of report
Feb 27, 2019
Accepted (ET)
Feb 28, 2019 · 6:37 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 | Feb 27, 2019 | A | 1,215 | $0.00 | A | 7,747 | D | |
| Common StockF3,F4 | Feb 27, 2019 | A | 446 | $0.00 | A | 6,620 | I | See Footnote |
| Common StockF5,F2 | Feb 27, 2019 | A | 3,314 | $0.00 | A | 11,061 | D | |
| Common StockF6,F4 | Feb 27, 2019 | A | 453 | $0.00 | A | 7,073 | I | See Footnote |
| Common StockF7 | holding | — | — | — | 1,199 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares are issuable as a result of satisfaction of the performance threshold for 2018 under restricted stock unit awards. Organization and Executive Compensation Committee certification of the satisfaction of the performance threshold occurred on the transaction date.
- F2Includes 3,100 time-based 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.
- F3Shares are issuable as a result of satisfaction of the performance threshold for 2018 under restricted stock unit awards, and credited to reporting person's account under the issuer's Deferred Compensation Plan for Directors and Executives pursuant to a prior election. Organization and Executive Compensation Committee certification of the satisfaction of the performance threshold occurred on the transaction date.
- F4Shares have been credited to reporting person's account under Northwest Natural Gas Company's Deferred Compensation Plan for Directors and Executives.
- F5Shares are issuable as a result of satisfaction of performance goals for 2016-2018 under a performance share award. Organization and Executive Compensation Committee certification of the award payout level occurred on transaction date.
- F6Shares are issuable as a result of satisfaction of performance goals for 2016-2018 under a performance share award, and credited to reporting person's account under Northwest Natural Gas Company's Deferred Compensation Plan for Directors and Executives pursuant to a prior election. Organization and Executive Compensation Committee certification of the award payout level occurred on the transaction date.
- F7Shares held in reporting person's account under Northwest Natural Gas Company's Retirement K Savings Plan as of January 31, 2019.