Wayne O. Manuel - Feb 8, 2024 Form 4 Insider Report for AVISTA CORP (AVA)

Role
Vice President
Signature
/s/Wayne O. Manuel
Stock symbol
AVA
Transactions as of
Feb 8, 2024
Transactions value $
$375,034
Form type
4
Date filed
2/12/2024, 03:01 PM
Previous filing
Jan 4, 2024
Next filing
Jan 8, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVA Common Stock - Restricted Shares Grant 2024 Award $200K +6.13K +174.56% $32.64 9.64K Feb 8, 2024 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 - 2024 Award $175K +5.36K $32.64 5.36K Feb 8, 2024 Common Stock 5.36K 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. Special Restricted Shares 3,830 will vest in 2025.
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.