Wayne O. Manuel - Jun 1, 2023 Form 4 Insider Report for AVISTA CORP (AVA)

Role
Vice President
Signature
/s/Wayne O. Manuel
Stock symbol
AVA
Transactions as of
Jun 1, 2023
Transactions value $
$335,047
Form type
4
Date filed
6/2/2023, 11:30 AM
Next filing
Jan 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVA Common Stock - Restricted Shares Grant 2023 Award $188K +4.61K $40.76 4.61K Jun 1, 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 $147K +3.61K $40.76 3.61K Jun 1, 2023 Common Stock 3.61K 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.