SEC Form 4 · accession 0001140361-15-040433
NORTHWEST NATURAL GAS CO · NWN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David A. Weber
Officer — Pres. & CEO of Issuer's Sub.
Period of report
Nov 9, 2015
Accepted (ET)
Nov 10, 2015 · 12:22 pm EST
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 | Nov 9, 2015 | M | 625 | $34.29 | A | 773 | D | |
| Common StockF1 | Nov 9, 2015 | S | 625 | $45.9098 | D | 148 | D | |
| Common StockF2 | holding | — | — | — | 8,436 | I | See Footnote | |
| Common StockF3 | holding | — | — | — | 1,447 | 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 | $34.29 | Nov 9, 2015 | M | 625 | A | — | Feb 29, 2016 | Common Stock | 625 | 0 | D |
Explanation of responses
- F1The sale of Northwest Natural Gas Company stock occurred in 4 separate broker transactions on November 9, 2015. The sale prices of these shares ranged from $45.90 to $45.925, resulting in a weighted average price of $45.9098. 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 October 31, 2015.
- F3Shares have been credited to reporting person's account under the issuer's Deferred Compensation Plan for Directors and Executives.
- F4The option vested in four equal installments on 2/22/2007, and January 1st in 2008, 2009 and 2010.