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AVISTA CORP — Director's Dealing 2019
Feb 25, 2019
31370_dirs_2019-02-25_a8173896-5ae3-4b1a-b933-bdb8f3a381a1.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: AVISTA CORP (AVA)
CIK: 0000104918
Period of Report: 2019-02-25
Reporting Person: MORRIS SCOTT L (Chairman and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-02-01 | Common Stock - 2018 Restricted Stock Award | A | 9813 | — | Acquired | 213953 | Direct |
| 2018-02-01 | Common Stock - 2015, 2016 and 2017 Restricted Stock | F | 5228 | $50.08 | Disposed | 208725 | Direct |
| 2018-02-01 | Common Stock - Performance Shares | A | 10226 | — | Acquired | 218951 | Direct |
| 2018-02-01 | Common Stock - Performance Shares | F | 4024 | $50.08 | Disposed | 214927 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-02-01 | Conversion of 2015 Performance Shares related to CEPS | $ | M | 13280 | Disposed | Common Stock (13280) | Direct | |
| 2018-02-01 | Performance Share Grant for 2018 | $ | A | 29438 | Acquired | Common Stock (29438) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Estimated shares held in 401(k) Plan | 164.64 | Indirect |
Footnotes
F1: Restricted Shares vest 1/3 each year over a 3-year period and are payable in Avista Corp. Common Stock at the end of each year in the 3-year period if performance measures are met.
F2: Shares withheld to pay income tax on Restricted Shares acquired 2-1-18.
F3: Each performance share represents a contingent right to receive a share of Avista Common Stock upon achieving a specified performance measure.
F4: Shares withheld to pay income tax on Performance Shares acquired 02/1/2018.
F5: No conversion price. Shares awarded if performance measure is met.
F6: Each performance cycle is 3 years in length. Shares will be issued at the end of each 3-year cycle if performance measure is met.