Wayne O. Manuel - 08 Feb 2024 Form 4 Insider Report for AVISTA CORP (AVA)

Role
Vice President
Signature
/s/Wayne O. Manuel
Issuer symbol
AVA
Transactions as of
08 Feb 2024
Net transactions value
+$375,034
Form type
4
Filing time
12 Feb 2024, 15:01:37 UTC
Previous filing
04 Jan 2024
Next filing
08 Jan 2025
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 2024 Award $199,985 +6,127 +175% $32.64 9,637 08 Feb 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 $175,048 +5,363 $32.64 5,363 08 Feb 2024 Common Stock 5,363 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.