Melinda B. Rogers - Mar 1, 2023 Form 4 Insider Report for Northwest Natural Holding Co (NWN)

Signature
Shawn M. Filippi, Attorney-in-Fact
Stock symbol
NWN
Transactions as of
Mar 1, 2023
Transactions value $
-$21,898
Form type
4
Date filed
3/3/2023, 04:26 PM
Previous filing
Feb 24, 2023
Next filing
Feb 23, 2024

Transactions Table

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
* 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 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.