Lisa Kaner - Feb 11, 2022 Form 4 Insider Report for PORTLAND GENERAL ELECTRIC CO /OR/ (POR)

Role: VP General Counsel
Signature: Karen J. Lewis, Power of Attorney on Behalf of Lisa Kaner, Reporting Person
Stock symbol: POR
Transactions as of: Feb 11, 2022
Transactions value $: -$204,013
Form type: 4
Date filed: 2/15/2022, 05:14 PM

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	POR	Common Stock	Award	$0	+8.58K	+58.75%	$0.00	23.2K	Feb 11, 2022	Direct	F1
transaction	POR	Common Stock	Tax liability	-$147K	-2.83K	-12.18%	$51.86	20.4K	Feb 11, 2022	Direct
transaction	POR	Common Stock	Award	$0	+1.94K	+9.52%	$0.00	22.3K	Feb 11, 2022	Direct	F2
transaction	POR	Common Stock	Award	$0	+193	+0.87%	$0.00	22.5K	Feb 13, 2022	Direct	F3
transaction	POR	Common Stock	Tax liability	-$38.7K	-746	-3.32%	$51.86	21.8K	Feb 13, 2022	Direct
transaction	POR	Common Stock	Award	$0	+37	+0.17%	$0.00	21.8K	Feb 14, 2022	Direct	F4
transaction	POR	Common Stock	Tax liability	-$18.8K	-371	-1.7%	$50.73	21.4K	Feb 14, 2022	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects the vesting of performance-based restricted stock units and related dividend equivalent rights.
F2	Reflects a grant of restricted stock units subject to continued service, will vest on July 1, 2022 and will be settled in shares.
F3	Reflects the vesting of dividend equivalent units for the February 13, 2019 time based 3-year cliff vest restricted stock award. Because the stock vested on Sunday, February 13, 2022 the company used Friday, February 11, 2022 as the stock price.
F4	Represents taxes and dividend equivalent units associated with the vesting of the first one-third vesting of time-based restricted stock units awarded on Feb. 17, 2021.