Scott J. Kinney - Feb 2, 2023 Form 4 Insider Report for AVISTA CORP (AVA)

Role
Vice President
Signature
/s/Scott J. Kinney
Stock symbol
AVA
Transactions as of
Feb 2, 2023
Transactions value $
$225,013
Form type
4
Date filed
2/6/2023, 01:42 PM
Previous filing
Jan 12, 2023
Next filing
Jun 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVA Common Stock - Restricted Shares Grant 2023 Award $67.5K +1.61K +29.19% $41.98 7.12K Feb 2, 2023 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 - 2023 Award $158K +3.75K $41.98 3.75K Feb 2, 2023 Common Stock 3.75K 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.