SEC Form 4 · accession 0001140361-15-013558
NORTHWEST NATURAL GAS CO · NWN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen P Feltz
Officer — Sr. VP & CFO
Period of report
Mar 30, 2015
Accepted (ET)
Mar 30, 2015 · 6:10 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000073020
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 30, 2015 | M | 2,500 | $34.29 | A | 15,393 | D | |
| Common StockF1 | Mar 30, 2015 | S | 2,500 | $47.5286 | D | 12,893 | D | |
| Common StockF2 | holding | — | — | — | 4,530 | 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 BuyF4,F3 | $34.29 | Mar 30, 2015 | M | 2,500 | D | — | Feb 29, 2016 | Common Stock | 2,500 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades on reported date with prices ranging from $47.38 - $47.60, resulting in an average price of $47.5286.
- F2Shares are held in reporting person's account under issuer's Retirement K Savings Plan as of February 28, 2015.
- F3The option vested in four equal installments on 2/22/2007, and January 1st in 2008, 2009, and 2010.
- F4Option was granted as part of compensation for services. The option was exercised in a cashless exercise.