Filing Details
- Accession Number:
- 0001140361-11-052741
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2011-11-09 19:44:05
- Reporting Period:
- 2011-11-07
- Filing Date:
- 2011-11-09
- Accepted Time:
- 2011-11-09 19:44:05
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 73020 | Northwest Natural Gas Co | NWN | Natural Gas Distribution (4924) | 930256722 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1192779 | S Gregg Kantor | 220 Nw Second Ave Portland OR 97209 | President & Ceo | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2011-11-07 | 6,000 | $31.34 | 25,429 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2011-11-07 | 4,773 | $46.20 | 20,656 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Option to Buy | Disposition | 2011-11-07 | 6,000 | $0.00 | 6,000 | $31.34 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2007-01-01 | 2014-03-04 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 3,197 | Indirect | See Footnote |
| Common Stock | 2,162 | Indirect | See Footnote |
| Common Stock | 200 | Indirect | See Footnote |
| Common Stock | 570 | Indirect | See Footnote |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Option to Buy | $34.29 | 2016-02-29 | 3,000 | 3,000 | Direct | |
| Common Stock | Employee Stock Option to Buy | $44.48 | 2017-02-28 | 7,000 | 7,000 | Direct | |
| Common Stock | Employee Stock Option to Buy | $43.29 | 2018-03-06 | 8,000 | 8,000 | Direct | |
| Common Stock | Employee Stock Option to Buy | $41.15 | 2019-03-04 | 25,000 | 25,000 | Direct | |
| Common Stock | Employee Stock Option to Buy | $44.25 | 2020-03-02 | 30,000 | 30,000 | Direct | |
| Common Stock | Employee Stock Option to Buy | $45.74 | 2021-03-02 | 30,000 | 30,000 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2016-02-29 | 3,000 | 3,000 | Direct |
| 2017-02-28 | 7,000 | 7,000 | Direct |
| 2018-03-06 | 8,000 | 8,000 | Direct |
| 2019-03-04 | 25,000 | 25,000 | Direct |
| 2020-03-02 | 30,000 | 30,000 | Direct |
| 2021-03-02 | 30,000 | 30,000 | Direct |
Footnotes
- Gregg S. Kantor exercised an option to purchase 6,000 shares at $31.34 each and then sold 4,773 of those shares at an average price of $46.1956 each on November 7, 2011 to generate the proceeds required to purchase 1,227 shares of the Company stock. Mr. Kantor now directly or indirectly holds a total of 26,785.1492 shares in his accounts.
- The sale of Northwest Natural Gas Company stock took place in 56 separate broker transactions occuring on November 7, 2011. The price in column 4 represents the weighted average sale price for the transactions reported on this line. The range of prices for these transactions was $46.15 - $46.23. Northwest Natural Gas Company will provide, upon request by the Commission staff or a security holder of Northwest Natural Gas Company, full information regarding the number of shares purchased or sold at each separate price.
- Held in reporting person's account under issuer's Retirement K Savings Plan as of October 31, 2011.
- Shares have been credited to reporting person's account under the issuer's Deferred Compensation Plan for Directors and Executives.
- Shares held in reporting person's parent's account, with respect to which the reporting person is Power of Attorney and a potential beneficiary.
- Held in reporting person's parent's IRA account, with respect to which the reporting person is Power of Attorney and a potential beneficiary.
- Option was granted for 3,000 shares pursuant to Northwest Natural Gas Company's Restated Stock Option Plan (the "Plan"). The option fully vested on January 1, 2010.
- Option was granted for 7,000 shares pursuant to Northwest Natural Gas Company's Restated Stock Option Plan (the "Plan"). The option fully vested on January 1, 2011.
- Option was granted for 8,000 shares pursuant to Northwest Natural Gas Company's Restated Stock Option Plan (the "Plan"). The option vests in installments of 2,000 shares on each February 27, 2009 and January 1, 2010, 2011, and 2012.
- Option was granted for 25,000 shares pursuant to Northwest Natural Gas Company's Restated Stock Option Plan (the "Plan"). The option vests in installments of 6,250 shares on each February 25, 2010 and January 1, 2011, 2012, and 2013.
- Option was granted for 30,000 shares pursuant to Northwest Natural Gas Company's Restated Stock Option Plan (the "Plan"). The option vests in installments of 7,500 shares on each February 24, 2011 and January 1, 2012, 2013, and 2014.
- Option was granted for 30,000 shares pursuant to Northwest Natural Gas Company's Restated Stock Option Plan (the "Plan"). The option vests in installments of 7,500 shares on each February 23, 2012 and January 1, 2013, 2014 and 2015.
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