SEC Form 4 · accession 0001140361-15-025931
NORTHWEST NATURAL GAS CO · NWN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Margaret D Kirkpatrick
Officer — SVP
Period of report
Jun 26, 2015
Accepted (ET)
Jun 30, 2015 · 9:44 am 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 | Jun 26, 2015 | M | 6,000 | $38.30 | A | 17,636 | D | |
| Common StockF1 | Jun 26, 2015 | S | 6,000 | $42.8553 | D | 11,636 | D | |
| Common StockF2 | holding | — | — | — | 770 | 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 | $38.30 | Jun 26, 2015 | M | 6,000 | D | — | Aug 3, 2015 | Common Stock | 6,000 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades on reported date with prices ranging from $42.83 to $42.91, resulting in an average price of $42.8553. Northwest Natural Gas Company 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 held in reporting person's account under issuer's Retirement K Savings Plan as of May 31, 2015.
- F3The option vested in three equal installments on July 27, 2006, and January 1, 2007 and 2008.
- F4Option was granted as part of compensation for services. The option was exercised in a cashless exercise.