FELTES KAREN S 4
4 · AVISTA CORP · Filed Feb 5, 2018
Insider Transaction Report
Form 4
AVISTA CORPAVA
FELTES KAREN S
VP & Corporate Secretary
Transactions
- Tax Payment
Common Stock-Performance Shares
2018-02-01$50.08/sh−633$31,701→ 36,230 total - Exercise/Conversion
Common Stock-Performance Shares
2018-02-01+2,597→ 36,863 total - Award
Common Stock-Restricted Shares
2018-02-01+2,437→ 38,667 total - Exercise/Conversion
Conversion of 2015 Performance Shares related to CEPS
2018-02-01−3,372→ 0 total→ Common Stock (3,372 underlying) - Award
Performance Share Grant for 2018
2018-02-01$50.08/sh+7,312$366,185→ 7,312 total→ Common Stock (7,312 underlying)
Footnotes (5)
- [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 2/1/18.
- [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]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.