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AVISTA CORP — Director's Dealing 2021
Feb 8, 2021
31370_dirs_2021-02-08_675a76ed-e7f0-4ce2-8339-944797ddb38e.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: AVISTA CORP (AVA)
CIK: 0000104918
Period of Report: 2021-02-04
Reporting Person: MEYER DAVID J (Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-04 | Common Stock - Restricted Share Grant | A | 1369 | $37.43 | Acquired | 5205 | Direct |
| 2021-02-04 | Common Stock-Performance Shares | M | 1302 | — | Acquired | 6507 | Direct |
| 2021-02-04 | Common Stock-Performance Shares | F | 531 | $37.43 | Disposed | 5976 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-04 | Performance Share Grant for 2021 | $ | A | 4108 | Acquired | Common Stock (4108) | Direct | |
| 2021-02-04 | Conversion of 2018 Performance Shares Related to CEPS | $ | M | 1024 | Disposed | Common Stock (1024) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Estimated Shares Held in 401(k) Plan | 533 | Indirect |
| Shares Held by Broker | 1142 | Indirect |
| Shares Held in Executive Deferral Account | 9574 | 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.
F2: Each performance share represents a contingent right to receive a share of Avista Common Stock upon achieving a specified performance measure.
F3: Shares withheld to pay income tax on Performance Shares acquired 2/4/21.
F4: No conversion price. Shares awarded if performance measure is met.
F5: 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.