SEC Form 4 · accession 0001140361-17-025199
NORTHWEST NATURAL GAS CO · NWN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lea Anne Doolittle
Officer — Chief Adm. Officer & SVP
Period of report
Jun 13, 2017
Accepted (ET)
Jun 15, 2017 · 5:02 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, 2017 | M | 4,000 | $43.29 | A | 5,945 | D | |
| Common StockF1 | Jun 13, 2017 | S | 4,000 | $62.0362 | D | 1,945 | D | |
| Common StockF2 | holding | — | — | — | 8,587 | I | See Footnote | |
| Common StockF3 | holding | — | — | — | 3,228 | I | See Footnote | |
| Common StockF4 | holding | — | — | — | 541 | I | See Footnote | |
| Common StockF5 | holding | — | — | — | 392 | I | See Footnote | |
| Common StockF6 | holding | — | — | — | 332 | 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 BuyF8,F7 | $43.29 | Jun 13, 2017 | M | 4,000 | D | — | Mar 6, 2018 | Common Stock | 4,000 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades on reported date with prices ranging from $61.80 - $62.30, resulting in an average price of $62.0362. 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, 2017.
- F3Reflects shares that have been credited to reporting person's account under the Issuer's Deferred Compensation Plan for Directors and Executives.
- F4Reflects shares that have been credited to reporting person's account under the Issuer's Executive Deferred Compensation Plan.
- F5Shares are held in account of reporting person's spouse.
- F6Shares are held in reporting person's spouse's account under the Issuer's Retirement K Savings Plan as of May 31, 2017.
- F7The option vested in four equal installments on February 27, 2008, and January 1, 2009, 2010 and 2011.
- F8Option was granted as part of compensation for services. The option was exercised in a cashless exercise.