AVISTA CORP — Director's Dealing 2012

Feb 21, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AVISTA CORP (AVA)
CIK: 0000104918
Period of Report: 2012-02-17

Reporting Person: MEYER DAVID J (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-17	Common Stock	M	6000	$10.17	Acquired	14425	Direct
2012-02-17	Common Stock	S	6000	$25.6	Disposed	8425	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-02-17	Exercise of Stock Option	$10.17	M	6000	Disposed	2012-11-07	Common Stock (6000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock held in 401(k) Investment Plan	3635	Indirect
Common Stock held in Executive Deferral Account	7588	Indirect
Common Stock held in IRA at DA Davidson	1142	Indirect

Footnotes

F1: Exercise of Sale of Option Grant expiring 11/07/2012.

F2: Options vest in four (4) equal installments beginning the first anniversary date of the grant. Mr. Meyer acquired the option grant of 26,250 11/07/2002.

F3: Total refelcts that number of derivative securities remaining for this particular grant.

F4: The price per share represents the average price for four individual blocks sold on 2/17/2012 ($25.61 per share for 1600 shares, $25.62 per share for 1400 shares, $25.58 per share for 2300 shares and 25.60 per share for 700 shares)