Gregory C. Hesler - 04 Aug 2022 Form 4 Insider Report for AVISTA CORP (AVA)

Role: Vice President/Corp Secretary
Signature: /s/Gregory C. Hesler
Issuer symbol: AVA
Transactions as of: 04 Aug 2022
Net transactions value: +$51,280
Form type: 4
Filing time: 05 Aug 2022, 12:14:42 UTC
Previous filing: 07 Feb 2022
Next filing: 19 Jan 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AVA	Common Stock - Restricted Share Grant	Award	$12,820	+298	+4.5%	$43.02	6,963	04 Aug 2022	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	AVA	Performance Shares Grant - 2022 August	Award	$38,460	+894		$43.02	894	04 Aug 2022	Common Stock	894		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted Shares vest 1/3 each year over a 3-year period and are payable in Avista Corp. Common Stock at the end of each year in the 3-year period.
F2	No conversion price. Shares awarded if performance measure is met.
F3	Each performance cycle is 3 years in length. Shares will be issued at the end of each 3-year cycle if performance measure is met.