Dennis P. Vermillion - 08 Feb 2024 Form 4 Insider Report for AVISTA CORP (AVA)

Role
CEO
Signature
/s/Dennis P. Vermillion
Issuer symbol
AVA
Transactions as of
08 Feb 2024
Net transactions value
+$2,800,022
Form type
4
Filing time
12 Feb 2024, 15:17:36 UTC
Previous filing
11 Jan 2024
Next filing
21 Feb 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 2024 Award $839,958 +25,734 +18% $32.64 164,889 08 Feb 2024 Direct F1
holding AVA Estimated Shares held in 401(k) 116 08 Feb 2024 Shares held in 401(k) Plan

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 $1,960,065 +60,051 $32.64 60,051 08 Feb 2024 Common Stock 60,051 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.