Dudley Jay J 4
4 · PORTLAND GENERAL ELECTRIC CO /OR/ · Filed Jul 17, 2009
Insider Transaction Report
Form 4
Dudley Jay J
VP, General Counsel
Transactions
- Award
Dividend Equivalent Right
2009-07-15+8→ 8 total→ Common Stock (8 underlying) - Exercise/Conversion
Common Stock
2009-07-15+8→ 1,936 total - Tax Payment
Common Stock
2009-07-15$20.05/sh−2$40→ 1,934 total - Exercise/Conversion
Dividend Equivalent Right
2009-07-15−8→ 0 total→ Common Stock (8 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.