SEC Form 4 · accession 0001140361-16-055315
NORTHWEST NATURAL GAS CO · NWN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David R Williams
Officer — VP
Period of report
Feb 24, 2016
Accepted (ET)
Feb 26, 2016 · 5:49 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 StockF1,F2 | Feb 24, 2016 | A | 943 | $0.00 | A | 3,871 | I | See Footnote |
| Common StockF3 | Feb 24, 2016 | A | 504 | $0.00 | A | 4,763 | D | |
| Common StockF4 | holding | — | — | — | 2,353 | 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 2015 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.
- F2Shares have been credited to reporting person's account under issuer's Deferred Compensation Plan for Directors and Executives.
- F3Shares are issuable as a result of satisfaction of performance goals for 2013-2015 under a performance share award. Organization and Executive Compensation Committee certification of the award payout level occurred on the transaction date.
- F4Shares held in reporting person's account under issuer's Retirement K Savings Plan as of January 31, 2016.