AVISTA CORP — Director's Dealing 2020

Mar 2, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AVISTA CORP (AVA)
CIK: 0000104918
Period of Report: 2020-02-27

Reporting Person: MORRIS SCOTT L (Director, Chairman of the Board)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-27	Common Stock-Performance Shares	M	16108	—	Acquired	223138	Direct
2020-02-27	Common Stock-Performance Shares	F	10452	$49.49	Disposed	212686	Direct
2020-02-27	Common Stock - 2017 Restricted Stock Delivered	A	2684	—	Acquired	217112	Direct
2020-02-27	Common Stock - 2017 Restricted Shares	F	1742	$49.49	Disposed	215370	Direct
2020-03-02	Shares Held by Broker	S	16000	$48.97	Disposed	199370	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-27	Conversion of 2017 Performance Shares Related to CEPS	$	M	13280	Disposed		Common Stock (13280)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Estimated Shares Held in 401(k) Plan	178.1349	Indirect

Footnotes

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

F2: Shares withheld to pay income tax on Performance Shares acquired 2/27/20.

F3: 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.

F4: Shares withheld to pay income tax on Restricted Shares acquired 2/27/20.