Kathryn M. Williams - 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 $
-$45,295
Form type
4
Date filed
3/3/2023, 04:36 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 -$30.8K -638 -13.53% $48.34 4.08K Mar 1, 2023 Direct F1, F2
transaction NWN Common Stock Tax liability -$14.5K -299 -7.33% $48.34 3.78K Mar 1, 2023 Direct F2, F3
* 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 702 restricted stock units (RSUs) with performance threshold and vesting of 514 time-based RSUs. Organization and Executive Compensation Committee certification of satisfaction of the performance threshold and vesting for the 702 RSUs was reported on Form 4 filed on February 24, 2023. The 514 time-based RSUs are part of 2,056 time-based RSUs that have been reported as shares beneficially owned by the reporting person since initially reported on the reporting person's Form 4A on May 22, 2020.
F2 Includes 1,542 time-based RSUs granted under issuer's Long Term Incentive Plan. The RSUs vest in two installments: 514 shares on March 1, 2024, and 1,028 shares on March 1, 2025.
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 on February 24, 2023.