KENSOK JAMES M 4
4 · AVISTA CORP · Filed Feb 7, 2022
Insider Transaction Report
Form 4
AVISTA CORPAVA
KENSOK JAMES M
Vice President & CIO
Transactions
- Exercise/Conversion
Conversion of 2019 Performance Shares
2022-02-03−1,252→ 0 total→ Common Stock (1,252 underlying) - Tax Payment
Common Stock - Performance Shares
2022-02-03$44.26/sh−207$9,162→ 15,666 total - Award
Performance Shares Grant - 2022
2022-02-03$44.26/sh+3,474$153,759→ 3,474 total→ Common Stock (3,474 underlying) - Award
Common Stock - Restricted Share Grant
2022-02-03$44.26/sh+3,418$151,281→ 15,009 total - Exercise/Conversion
Common Stock - Performance Shares
2022-02-03+864→ 15,873 total
Footnotes (5)
- [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.