Nathan I. Partain - May 5, 2023 Form 4 Insider Report for Northwest Natural Holding Co (NWN)

Role
Director
Signature
Shawn M. Filippi, Attorney in Fact
Stock symbol
NWN
Transactions as of
May 5, 2023
Transactions value $
$8,288
Form type
4
Date filed
5/9/2023, 04:44 PM
Previous filing
Apr 19, 2023
Next filing
Aug 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NWN Common Stock Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities $8.29K +176 +6.54% $47.05 2.87K May 5, 2023 See Footnote F1, F2
holding NWN Common Stock 7K May 5, 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The reported transaction was effected pursuant to a written election under the NW Natural Deferred Compensation Plan made on or about January 14, 2021 which election constitutes a Rule 10b5-1 trading plan.
F2 Shares have been credited to reporting person's account under the NW Natural Deferred Compensation Plan.