SEC Form 4 · accession 0001140361-16-056124
NORTHWEST NATURAL GAS CO · NWN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ngoni Murandu
Officer — VP & CIO
Period of report
Mar 2, 2016
Accepted (ET)
Mar 2, 2016 · 7:37 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 | Mar 2, 2016 | F | 94 | $49.44 | D | 1,002 | D | |
| Common StockF3 | holding | — | — | — | 34 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares were withheld by the issuer to cover withholding taxes on issuance of shares due to vesting of restricted stock units. Organization and Executive Compensation Committee certification of the satisfaction of the performance threshold occurred on February 24, 2016 before the reporting person became an executive officer.
- F2Includes 660 restricted stock units (RSUs) granted under issuer's Long Term Incentive Plan. The RSUs vest in two equal installments on each March 31, 2016 and 2017.
- F3Shares held in reporting person's account under the issuer's Retirement K Savings Plan as of February 29, 2016.