SEC Form 4 · accession 0001140361-16-069869
NORTHWEST NATURAL GAS CO · NWN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Grant M Yoshihara
Officer — VP
Period of report
Jun 13, 2016
Accepted (ET)
Jun 15, 2016 · 4:44 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 | Jun 13, 2016 | M | 2,000 | $44.48 | A | 13,609 | D | |
| Common StockF1 | Jun 13, 2016 | S | 2,000 | $59.151 | D | 11,609 | D | |
| Common StockF2 | holding | — | — | — | 2,369 | 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 | $44.48 | Jun 13, 2016 | M | 2,000 | A | — | Feb 28, 2017 | Common Stock | 2,000 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades on reported date with prices ranging from $59.15 - $59.17, resulting in an average price of $59.1510. Northwest Natural Gas Company ("Issuer") 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 are held in reporting person's account under Issuer's Retirement K Savings Plan as of May 31, 2016.
- F3The options vested in four equal installments on February 21, 2008, and January 1, 2009, 2010, and 2011.
- F4Option was granted as part of compensation for services. The option was exercised in a cashless exercise.