SEC Form 4 · accession 0001140361-17-010101
NORTHWEST NATURAL GAS CO · NWN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
C Scott Gibson
Director
Period of report
Feb 28, 2017
Accepted (ET)
Mar 1, 2017 · 8:00 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 | Feb 28, 2017 | S | 1,643 | $59.8567 | D | 0 | D | |
| Common StockF2,F3 | holding | — | — | — | 16,091 | I | See Footnote | |
| Common StockF4 | holding | — | — | — | 2,439 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This transaction was executed in multiple trades on reported date with prices ranging from $59.855 - $59.875, resulting in an average price of $59.8567. 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.
- F2Includes 365 restricted stock units (RSUs) granted in accordance with the Northwest Natural Gas Company Compensation Policy for Non-employee Directors. These RSUs vest on May 24, 2017. Director previously elected that shares received on vesting of RSUs will be deferred under the issuer's Deferred Compensation Plan for Directors and Executives.
- F3Reflects shares that have been credited to reporting person's account under the issuer's Deferred Compensation Plan for Directors and Executives.
- F4Shares have been credited to reporting person's account under the issuer's Directors Deferred Compensation Plan.