Wayne O. Manuel - 01 Jun 2023 Form 4 Insider Report for AVISTA CORP (AVA)

Role: Vice President
Signature: /s/Wayne O. Manuel
Issuer symbol: AVA
Transactions as of: 01 Jun 2023
Net transactions value: +$335,047
Form type: 4
Filing time: 02 Jun 2023, 11:30:26 UTC
Next filing: 04 Jan 2024
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 Shares Grant 2023	Award	$188,026	+4,613		$40.76	4,613	01 Jun 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	$147,021	+3,607		$40.76	3,607	01 Jun 2023	Common Stock	3,607		Direct	F2, F3

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

Explanation of Responses:

Id	Content
F1	Regular Restricted Shares 1,546 will 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. Special Restricted Shares 3,067 will vest in 2024.
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.