Heather L. Rosentrater - Feb 8, 2024 Form 4 Insider Report for AVISTA CORP (AVA)

Role
President & COO
Signature
/s/Heather L. Rosentrater
Stock symbol
AVA
Transactions as of
Feb 8, 2024
Transactions value $
$750,002
Form type
4
Date filed
2/12/2024, 03:10 PM
Previous filing
Jan 11, 2024
Next filing
Feb 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVA Common Stock - Restricted Shares Grant 2024 Award $225K +6.89K +27.81% $32.64 31.7K Feb 8, 2024 Direct F1
holding AVA Common Stock in Spouse's Plan 695 Feb 8, 2024 Shares Held by Spouse

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 $525K +16.1K $32.64 16.1K Feb 8, 2024 Common Stock 16.1K 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.