AVISTA CORP — Director's Dealing 2012

Jan 12, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AVISTA CORP (AVA)
CIK: 0000104918
Period of Report: 2012-01-10

Reporting Person: DURKIN MARIAN M (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-01-10	Common Stock Performance Shares	M	11250	—	Acquired	50554	Direct
2012-01-10	Common Stock Performance Shares	F	2976	$25.22	Disposed	47578	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-01-10	Conversion of 2009 Performance Shares	$	M	12500	Disposed		Common Stock (12500)	Direct

Footnotes

F1: Each performance share represents a contingent right to receive a share of Avista Common Stock upon Avista achieving a specified performance measure.

F2: Shares withheld to pay income tax on Performance Shares acquired 1/10/2012.