Sec Form 4 Filing - ANDERSON DAVID HUGO @ Northwest Natural Holding Co - 2022-01-13

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
ANDERSON DAVID HUGO
2. Issuer Name and Ticker or Trading Symbol
Northwest Natural Holding Co [ NWN]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
President & CEO
(Last) (First) (Middle)
250 SW TAYLOR ST
3. Date of Earliest Transaction (MM/DD/YY)
01/13/2022
(Street)
PORTLAND, OR97204
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 01/13/2022 J 2,861( 1 ) D $ 0 13,684.68 I See Footnote( 2 )
Common Stock 01/13/2022 J 2,861( 1 ) A $ 0 111,780.4735 D
Common Stock 01/13/2022 S 1,290( 3 ) D $ 48.0432( 4 ) 12,394.68 I See Footnote( 2 )
Common Stock 1,104.317 I See Footnote( 5 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
ANDERSON DAVID HUGO
250 SW TAYLOR ST
PORTLAND, OR97204
X President & CEO
Signatures
Shawn M. Filippi, Attorney-in-Fact 01/18/2022
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Shares were distributed from Deferred Compensation Plan for Directors and Executives (DCP) account to reporting person's registered account pursuant to reporting person's election on November 18, 2014, December 2, 2015, December 7, 2016, and December 4, 2017.
( 2 )Reflects shares that have been credited to reporting person's account under the issuer's DCP.
( 3 )These shares were issued in connection with the reporting person's elections on November 18, 2014, December 2, 2015, December 7, 2016 and December 4, 2017 to participate in the issuer's DCP, which specifies that taxes shall be withheld from distributions. Pursuant to the DCP and the reporting person's prior elections, these shares were sold to pay taxes on the DCP distribution made on January 13, 2022.
( 4 )This transaction was executed in multiple trades on reported date with prices ranging from $48.04 - $48.35, resulting in average price of $48.0432. Northwest Natural Holding Company will provide upon request by Commission staff or a security holder of the issuer full information regarding the number of shares sold at each separate price.
( 5 )Shares held in reporting person's account under the issuer's Retirement K Savings Plan as of December 31, 2021.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.