PORTLAND GENERAL ELECTRIC CO /OR/ — Director's Dealing 2011

Apr 19, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PORTLAND GENERAL ELECTRIC CO /OR/ (POR)
CIK: 0000784977
Period of Report: 2011-04-15

Reporting Person: POPE MARIA M (Sr. V.P., CFO & Treasurer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-04-15	Dividend Equivalent Right	$	A	57	Acquired		Common Stock (57)	Direct

Footnotes

F1: Dividend Equivalent Units (DEUs) accrue on Restricted Stock Units (RSUs) and vest proportionately in conjunction with the vesting of the underlying RSUs. Each DEU is equivalent to one share of common stock of the issuer.