SEC Form 4 · accession 0001140361-18-010973
NORTHWEST NATURAL GAS CO · NWN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jane L Peverett
Director
Period of report
Feb 26, 2018
Accepted (ET)
Feb 28, 2018 · 8:40 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,F2 | Feb 26, 2018 | I | 28 | $53.70 | A | 19,958 | I | See Footnote |
| Common StockF3 | Feb 27, 2018 | S | 1,000 | $53.375 | D | 523 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Includes 328 restricted stock units (RSUs) granted in accordance with the Northwest Natural Gas Company Compensation Policy for Non-employee Directors. These RSUs vest on May 23, 2018. Director previously elected that shares received on vesting of RSUs will be deferred under the issuer's Deferred Compensation Plan for Directors and Executives.
- F2Shares have been credited to reporting person's account under the issuer's Deferred Compensation Plan for Directors and Executives pursuant to an election made on August 21, 2007.
- F3This transaction was executed in multiple trades on reported date with prices ranging from $53.305 - $53.405, resulting in an average price of $53.375. 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.