James R. Downing - Mar 2, 2022 Form 4 Insider Report for Northwest Natural Holding Co (NWN)

Role: VP, CIO, NW Natural
Signature: Shawn M. Filippi, Attorney-in-Fact
Stock symbol: NWN
Transactions as of: Mar 2, 2022
Transactions value $: -$41,776
Form type: 4
Date filed: 3/4/2022, 04:29 PM
Previous filing: Feb 25, 2022
Next filing: Feb 24, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NWN	Common Stock	Tax liability	-$21.6K	-413	-6%	$52.22	6.47K	Mar 2, 2022	Direct	F1
transaction	NWN	Common Stock	Tax liability	-$20.2K	-387	-5.99%	$52.22	6.08K	Mar 2, 2022	Direct	F2

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

Explanation of Responses:

Id	Content
F1	Shares were withheld by the issuer to cover withholding taxes on issuance of shares due to vesting of 769 restricted stock units (RSUs) with performance threshold and vesting of 920 time-based RSUs. Organization and Executive Compensation Committee certification of satisfaction of the performance threshold and vesting for 769 RSUs was reported on Form 4 filed on February 25, 2022. The 920 time-based RSUs are part of 3,680 time-based RSUs that have been reported as shares beneficially owned by the reporting person since initially reported on the reporting person's Form 3 on September 20, 2017.
F2	Shares were withheld by the issuer to cover withholding taxes on issuance of performance shares. Organization and Executive Compensation Committee certification of the payout of these performance shares was reported on Form 4 filed on February 25, 2022.

Content

Shares were withheld by the issuer to cover withholding taxes on issuance of shares due to vesting of 769 restricted stock units (RSUs) with performance threshold and vesting of 920 time-based RSUs. Organization and Executive Compensation Committee certification of satisfaction of the performance threshold and vesting for 769 RSUs was reported on Form 4 filed on February 25, 2022. The 920 time-based RSUs are part of 3,680 time-based RSUs that have been reported as shares beneficially owned by the reporting person since initially reported on the reporting person's Form 3 on September 20, 2017.

Shares were withheld by the issuer to cover withholding taxes on issuance of performance shares. Organization and Executive Compensation Committee certification of the payout of these performance shares was reported on Form 4 filed on February 25, 2022.