JAMES M. KENSOK - 02 Feb 2023 Form 4 Insider Report for AVISTA CORP (AVA)

Role
Vice President
Signature
/s/James M. Kensok
Issuer symbol
AVA
Transactions as of
02 Feb 2023
Net transactions value
+$210,026
Form type
4
Filing time
06 Feb 2023, 13:38:40 UTC
Previous filing
12 Jan 2023
Next filing
12 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVA Common Stock - Restricted Shares Grant 2023 Award $62,970 +1,500 +9.8% $41.98 16,879 02 Feb 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AVA Performance Shares Grant - 2023 Award $147,056 +3,503 $41.98 3,503 02 Feb 2023 Common Stock 3,503 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 No conversion price. Shares awarded if performance measure is met.
F3 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.