AVISTA CORP — Director's Dealing 2011

Feb 8, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AVISTA CORP (AVA)
CIK: 0000104918
Period of Report: 2011-02-03

Reporting Person: Thoren Diane C (Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-03	Common Stock - Restricted Shares	A	400	—	Acquired	3092	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-02-03	Performance Shares	$	A	1800	Acquired		Common Stock (1800)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock held in 401(k) Investment Plan	4350	Indirect
Common Stock held in Executive Deferral Account	975	Indirect
Common Stock held by Grandson, Zachary Brown	39	Indirect
Common Stock held by Niece, Katherine Cuthill	39	Indirect
Common Stock held by Niece, McIntyre Cuthill	13	Indirect
Common Stock held by Granddaughter, McKenzie Brown	24	Indirect
Common Stock held by Grandson, Colton Materne	14	Indirect
Common Stock held by Granddaughter, Avery Materne	7	Indirect

Footnotes

F1: Restricted shares vest one third each year over a three-year period and are payable in Avista Corp. Common Stock at the end of each year in the three-year period.

F2: No conversion price. Shares awarded if performance measure is met.

F3: Each performance cycle is three years in length. Shares will be issued at the end of each three-year cycle if performance measure is met.