Melinda B. Rogers - 23 Feb 2022 Form 4 Insider Report for Northwest Natural Holding Co (NWN)

Role
VP, Chief HR & Diversity Off., NW Natural
Signature
Shawn M. Filippi, Attorney-in-Fact
Issuer symbol
NWN
Transactions as of
23 Feb 2022
Net transactions value
$0
Form type
4
Filing time
25 Feb 2022, 16:53:09 UTC
Next filing
04 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NWN Common Stock Award $0 +2,604 +773% $0.000000 2,941 23 Feb 2022 Direct F1
transaction NWN Common Stock Award $0 +57 +1.9% $0.000000 2,998 23 Feb 2022 Direct F2, F5
transaction NWN Common Stock Award $0 +538 +102% $0.000000 1,066 23 Feb 2022 See Footnote F3, F6
transaction NWN Common Stock Award $0 +1,275 +120% $0.000000 2,341 23 Feb 2022 See Footnote F4, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Common stock pursuant to restricted stock units granted under Northwest Natural Holding Company's Long Term Incentive Plan. One-fourth of the restricted stock units shall vest on each of March 1, 2023, 2024, 2025 and 2026.
F2 Shares are issuable as a result of satisfaction of the performance threshold for 2021 under restricted stock unit awards. Organization and Executive Compensation Committee certification of the satisfaction of the performance threshold occurred on the transaction date.
F3 Shares are issuable as a result of satisfaction of the performance threshold for 2021 under restricted stock unit awards, and credited to reporting person's account under the issuer's Deferred Compensation Plan for Directors and Executives pursuant to a prior election. Organization and Executive Compensation Committee certification of the satisfaction of the performance threshold occurred on the transaction date.
F4 Shares are issuable as a result of satisfaction of performance goals for 2019-2021 under a performance share award, and credited to reporting person's account under Northwest Natural Gas Company's Deferred Compensation Plan for Directors and Executives pursuant to a prior election. Organization and Executive Compensation Committee certification of the award payout level occurred on the transaction date.
F5 Includes 2,604 time-based restricted stock units granted under issuer's Long Term Incentive Plan. The restricted stock units vest in four equal installments on each of March 1, 2023, 2024, 2025 and 2026.
F6 Shares have been credited to reporting person's account under Northwest Natural Gas Company's Deferred Compensation Plan for Directors and Executives.