UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES 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 |
|
| ||||||||||||||||||||||||||||||
|
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
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 control number. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
2004 Performance Share Grant | Â (2) | Â (2) | Common Stock | 1,200 | $ (3) | D | Â |
2005 Performance Share Grant | Â (2) | Â (2) | Common Stock | 1,200 | $ (3) | D | Â |
2006 Performance Share Grant | Â (2) | Â (2) | Common Stock | 900 | $ (3) | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
KENSOK JAMES M 2818 N SULLIVAN ROAD SPOKANE, WA 99216 |
 |  |  Vice President & CIO |  |
/s/ James M. Kensok | 01/05/2007 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(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). |
(1) | Restricted shares vest one-third each year over a three-year period and are payable in Avista Corp. Common Stock at the end of each year in the three-year period. |
(2) | Each performance cycle is three years in length. Shares are issued at the end of each three-year cycle if performance measure is met. |
(3) | No conversion price - shares awarded if performance measure is met. |
 Remarks: Form 3 amended to report restricted shares missed when original Form 3 was filed.  This amended Form 3 is reporting the entire grant of 240 restricted shares that were missed on the original Form 3 - please note, a Form 4 was filed today to report the sale of a portion of the 240 restricted shares for the purpose of paying taxes on the shares that vested on 1/3/2007.  This amended Form 3 was also filed to correct the number of shares reported for the 2006 Performance Grant.  The 2006 grant was reported as 1200 shares, instead of the correct amount of 900 shares.  If you have any questions, please contact Anita Swanson at (509) 495-8075.  Thank you. |