Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NWN | Common Stock | Tax liability | -$17.5K | -363 | -11.49% | $48.34 | 2.8K | Mar 1, 2023 | Direct | F1, F2 |
transaction | NWN | Common Stock | Tax liability | -$4.35K | -90 | -3.22% | $48.34 | 2.71K | Mar 1, 2023 | Direct | F2, F3 |
holding | NWN | Common Stock | 3.99K | Mar 1, 2023 | See Footnote | F4 |
Id | Content |
---|---|
F1 | Shares were withheld by the issuer to cover withholding taxes on issuance of shares due to vesting of 61 restricted stock units (RSUs) with performance threshold and vesting of 651 time-based RSUs. Organization and Executive Compensation Committee certification of satisfaction of the performance threshold and vesting for the 61 RSUs was reported on Form 4 filed on February 24, 2023. The 651 time-based RSUs are part of 2,604 time-based RSUs that have been reported as shares beneficially owned by the reporting person since initially reported on the reporting person's Form 4 on February 25, 2022. |
F2 | Includes 1,953 time-based RSUs granted under issuer's Long Term Incentive Plan. The RSUs vest in three equal installments on each of March 1, 2024, 2025 and 2026. |
F3 | 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 February 24, 2023. |
F4 | Shares have been credited to reporting person's account under Northwest Natural Gas Company's Deferred Compensation Plan for Directors and Executives. |