AVISTA CORP — Director's Dealing 2022

Feb 7, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AVISTA CORP (AVA)
CIK: 0000104918
Period of Report: 2022-02-03

Reporting Person: Vermillion Dennis P (President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-02-03	Common Stock - Restricted Share Grant	A	14715	$44.26	Acquired	105055	Direct
2022-02-03	Common Stock - Performance Shares	M	2839	—	Acquired	107894	Direct
2022-02-03	Common Stock - Performance Shares	F	692	$44.26	Disposed	107202	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-02-03	Performance Shares Grant - 2022	$	A	44142	Acquired		Common Stock (44142)	Direct
2022-02-03	Conversion of 2019 Performance Shares	$	M	4114	Disposed		Common Stock (4114)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Estimated Shares held in 401(k)	106	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 2/3/22.

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.