SEC Form 4 · accession 0001567619-19-006647
Northwest Natural Holding Co · NWN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kimberly A. Heiting
Officer — SVP & Chief Marketing Officer · Other
Period of report
Mar 8, 2019
Accepted (ET)
Mar 12, 2019 · 2:54 pm EDT
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 Stock | Mar 8, 2019 | M | 4,000 | $44.25 | A | 8,950 | D | |
| Common StockF1 | Mar 8, 2019 | S | 4,000 | $63.9981 | D | 4,950 | D | |
| Common StockF2 | holding | — | — | — | 44 | I | See Footnote | |
| Common StockF3 | holding | — | — | — | 1,073 | I | See Footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option to BuyF5,F4 | $44.25 | Mar 8, 2019 | M | 4,000 | D | — | Mar 2, 2020 | Common Stock | 4,000 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades for an aggregate of 4,000 shares on reported date with prices ranging from $63.82 to $64.19, resulting in an average price of $63.9981. Northwest Natural Holding 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.
- F2Shares have been credited to reporting person's account under Northwest Natural Gas Company's Deferred Compensation Plan for Directors and Executives.
- F3Shares held in reporting person's account in Northwest Natural Gas Company's Retirement K Savings Plan as of February 28, 2019.
- F4The option vested in four equal installments on each of February 24, 2011, and January 1, 2012, 2013 and 2014.
- F5Options were granted as part of compensation for services. The options were exercised as a cashless exercise.