SEC Form 4 · accession 0001140361-17-014676
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 31, 2017
Accepted (ET)
Apr 4, 2017 · 4:53 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 StockF1 | Mar 31, 2017 | F | 102 | $59.15 | D | 871 | D | |
| Common StockF2 | Mar 31, 2017 | M | 660 | — | A | 1,531 | D | |
| Common Stock | Mar 31, 2017 | D | 660 | $59.15 | D | 871 | D | |
| Common StockF3 | holding | — | — | — | 35 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Restricted Stock UnitsF2,F4 | — | Mar 31, 2017 | M | 660 | D | Mar 31, 2017 | Mar 31, 2017 | Common Stock | 660 | 0 | D |
Explanation of responses
- F1Shares were withheld by the issuer to cover withholding taxes on issuance of shares due to vesting of restricted stock units.
- F2Each phantom restricted stock unit (Phantom RSU) is the economic equivalent of one share of issuer's common stock, plus accrued dividends, payable in cash.
- F3Shares held in reporting person's account under the issuer's Retirement K Savings Plan as of March 31, 2017.
- F4The Phantom RSUs fully vested on March 31, 2017.