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AVISTA CORP — Director's Dealing 2022
Feb 7, 2022
31370_dirs_2022-02-07_0cb57826-5c87-43d5-8d20-e9b6b2244c67.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: 2022-02-03
Reporting Person: Thackston Jason R (Senior Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-02-03 | Common Stock - Restricted Share Grant | A | 2881 | $44.26 | Acquired | 28253 | Direct |
| 2022-02-03 | Common Stock - Performance Shares | M | 1741 | — | Acquired | 29994 | Direct |
| 2022-02-03 | Common Stock - Performance Shares | F | 424 | $44.26 | Disposed | 29570 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-02-03 | Performance Shares Grant - 2022 | $ | A | 8642 | Acquired | Common Stock (8642) | Direct | |
| 2022-02-03 | Conversion of 2019 Performance Shares | $ | M | 2522 | Disposed | Common Stock (2522) | Direct |
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.