DILLIN CAROL A 4
4 · PORTLAND GENERAL ELECTRIC CO /OR/ · Filed Jul 17, 2009
Insider Transaction Report
Form 4
DILLIN CAROL A
Vice President
Transactions
- Exercise/Conversion
Common Stock
2009-07-15+5→ 2,902 total - Tax Payment
Common Stock
2009-07-15$20.05/sh−1$20→ 2,901 total - Award
Dividend Equivalent Right
2009-07-15+5→ 5 total→ Common Stock (5 underlying) - Exercise/Conversion
Dividend Equivalent Right
2009-07-15−5→ 0 total→ Common Stock (5 underlying)
Footnotes (4)
- [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 acquisition of DERs with respect to unvested RSUs in connection with a dividend paid on July 15, 2009.
- [F3]Reflects the settlement of DERs for common stock.
- [F4]Represents shares withheld for payment of tax liability in connection with vesting of DERS.