THIES MARK T 4
4 · AVISTA CORP · Filed Feb 7, 2022
Insider Transaction Report
Form 4
AVISTA CORPAVA
THIES MARK T
Sr. Vice President & CFO
Transactions
- Award
Common Stock - Restricted Share Grant
2022-02-03$44.26/sh+4,292$189,964→ 132,260 total - Tax Payment
Common Stock - Performance Shares
2022-02-03$44.26/sh−641$28,371→ 134,250 total - Award
Performance Shares Grant - 2022
2022-02-03$44.26/sh+12,880$570,069→ 12,880 total→ Common Stock (12,880 underlying) - Exercise/Conversion
Conversion of 2019 Performance Shares
2022-02-03−3,812→ 0 total→ Common Stock (3,812 underlying) - Exercise/Conversion
Common Stock - Performance Shares
2022-02-03+2,631→ 134,891 total
Holdings
- 5,751(indirect: By Spouse)
Common Stock in Spouse's Plan
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.