Joseph S. Karney - Mar 1, 2024 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, 2024
Transactions value $
-$5,584
Form type
4
Date filed
3/5/2024, 05:19 PM
Previous 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 -$5.58K -152 -6.44% $36.74 2.21K Mar 1, 2024 Direct F1, F2
holding NWN Common Stock 113 Mar 1, 2024 See Footnote F3, F4
holding NWN Common Stock 219 Mar 1, 2024 See Footnote F5
* 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 164 restricted stock units (RSUs) with performance threshold and vesting of 108 time-based RSUs . Organization and Executive Compensation Committee certification of the satisfaction of the performance threshold and vesting for 164 RSUs was reported on Form 4 filed on February 23, 2024. The 108 time-based RSUs are part of 300 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 April 12, 2023.
F2 Includes 162 time-based RSUs granted under issuer's Long Term Incentive Plan. The RSUs vest in two installments: 108 shares on March 1, 2025 and 54 shares on March 1, 2026.
F3 Includes 18 time-based RSUs granted under issuer's Long Term Incentive Plan and 12 shares received upon vesting of time-based RSUs on March 1, 2024. The reporting person previously elected that shares received on vesting of such RSUs will be deferred under Northwest Natural Gas Company's Deferred Compensation Plan for Directors and Executives. The remaining RSUs will vest and be deferred in two installments: 12 shares on March 1, 2025 and 6 shares on March 1, 2026. These time-based RSUs are part of the 300 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 April 12, 2023.
F4 Shares have been credited to reporting person's account under Northwest Natural Gas Company's Deferred Compensation Plan for Directors and Executives.
F5 Shares are held in reporting person's account under Northwest Natural Gas Company's Retirement K Savings Plan as of February 15, 2024.