DILLIN CAROL A 4
4 · PORTLAND GENERAL ELECTRIC CO /OR/ · Filed Jul 15, 2009
Insider Transaction Report
Form 4
DILLIN CAROL A
Vice President
Transactions
- Exercise/Conversion
Common Stock
2009-07-13+45→ 3,053 total - Tax Payment
Common Stock
2009-07-13$19.38/sh−157$3,043→ 2,896 total - Exercise/Conversion
Dividend Equivalent Right
2009-07-13−45→ 0 total→ Common Stock (45 underlying)
Footnotes (3)
- [F1]Dividend equivalent rights (DER) accrue on restricted stock units (RSU) and become exercisable proportionately with the vesting of the RSU. Each DER is equivalent to one share of common stock of the issuer.
- [F2]Reflects the settlement of DERs for common stock.
- [F3]Represents shares withheld for payment of tax liability in connection with vesting of RSUs and settlement of DERs.