SEC Form 4 · accession 0001140361-17-024801
NORTHWEST NATURAL GAS CO · NWN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Shawn M Filippi
Officer — VP, CCO & Corporate Secretary
Period of report
Jun 9, 2017
Accepted (ET)
Jun 13, 2017 · 1:09 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 9, 2017 | M | 600 | $41.15 | A | 1,330 | D | |
| Common StockF1 | Jun 9, 2017 | S | 600 | $62.2709 | D | 730 | D | |
| Common Stock | Jun 9, 2017 | M | 600 | $44.25 | A | 1,330 | D | |
| Common StockF1 | Jun 9, 2017 | S | 600 | $62.2709 | D | 730 | D | |
| Common StockF2 | holding | — | — | — | 810 | I | See Footnote | |
| Common StockF3 | holding | — | — | — | 181 | 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 BuyF6,F4 | $41.15 | Jun 9, 2017 | M | 600 | D | — | Mar 4, 2019 | Common Stock | 600 | 0 | D |
| Employee Stock Option to BuyF6,F5 | $44.25 | Jun 9, 2017 | M | 600 | D | — | Mar 2, 2020 | Common Stock | 600 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades for an aggregate of 1,200 shares on reported date with prices ranging from $62.25 - $62.30, resulting in an average price of $62.2709. 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 held in reporting person's account in Issuer's Retirement K Savings Plan as of May 31, 2017.
- F3Shares have been credited to reporting person's account under the Issuer's Deferred Compensation Plan for Directors and Executives.
- F4The option vested in four equal installments on each of February 25, 2010, and January 1, 2011, 2012 and 2013.
- F5The option vested in four equal installments on each of February 24, 2011, and January 1, 2012, 2013 and 2014.
- F6Option was granted as part of compensation for services. The option was exercised as a cashless exercise.