Norwood

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

OMB APPROVAL

Check this box if no longer

OMB Number: 3235-0287

subject to Section 16. Form 4

Expires: January 31, 2005

or Form 5 obligations may continue.

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Estimated average burden

See instruction 1(b).

hours per response. . . . 0.5

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(f) of the Investment Company Act of 1940

(Print or Type Responses)

1. Name and Address of Reporting Person*

2. Issuer Name and Ticker or Trading Symbol

6. Relationship of Reporting Person(s) to Issuer

(Check all applicable)

Avista Corporation (AVA)

Director

10% Owner

Norwood

Kelly

O.

x

Officer (give

Other (specify

(Last)

(First)

(Middle)

3. I.R.S. Identification

4. Statement for

title below)

below)

Number of Reporting

Month/Day/Year

1411 E. Mission Avenue

Person, if an entity

Vice President

(Street)

(Voluntary)

November 7, 2002

5. If Amendment, Date

7. Individual or Joint/Group Filing (Check Appplicable Line)

of Original (Month/Year)

__x__Form filed by One Reporting Person

Spokane

WA

99202

_____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

2. Trans-

3. Trans-

4. Securities Acquired (A)

5. Amount of

6. Ownership

7. Nature of Indirect

(Instr. 3)

action

action

or Disposed of (D)

Securities

Form:

Beneficial

Date

Code

(Instr. 3, 4 and 5)

Beneficially

Direct (D)

Ownership

(Instr. 8)

Owned at

or

(Instr. 4)

(Month/

End of Month

Indirect (I)

Day/

(A) or

(Instr. 3 and 4)

(Instr. 4)

Year)

Code

V

Amount

(D)

Price

Common Stock (Shares Held by Spouse)

2

I

By Spouse

Common Stock (401(k) Investment Plan Shares)

3,115

I

By Trustee

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

(Over)

*If the form is filed by more than one reporting person, see Instruction 4(b) (v).

SEC 1474 (9-02)

Potential persons who are to 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.

FORM 4 (continued)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned

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

1. Title of Derivative Security

2. Conver-

3. Trans-

4. Trans-

5. Number of Deriv-

6. Date Exer-

7. Title and Amount of

8. Price

9. Number

10. Owner-

11. Nature

(Instr. 3)

sion or

action

action

ative Securities Ac-

cisable and

Underlying Securities

of

of Deriv-

ship

of

Exercise

Date

Code

quired (A) or Dis-

Expiration

(Instr. 3 and 4)

Deriv-

ative

Form of

Indirect

Price of

(Instr. 8)

posed of (D)

Date

ative

Secur-

Deriv-

Benefi-

Deri-

(Month/

(Instr. 3, 4, and 5)

(Month/Day/

Secur-

ities

ative

cial

vative

Day/

Year)

ity

Bene-

Security:

Owner-

Security

Year)

(Instr.

ficially

Direct

ship

5)

Owned

(D) or

(Instr.4)

at End

Indirect

of Month

(I)

Date

Expira-

Title

Amount or

(Instr. 4)

(Instr. 4)

Exer-

tion

Number of

Code

V

(A)

(D)

cisable

Date

Shares

Employee Stock Options

$10.17

11-07-02

A

9,000

*

11-07-12

Com. Stk.

9,000

42,300

D

Explanation of Responses:

*

The options vest in four equal annual installments beginning on the first anniversary of the grant date.

December 09, 2002

**

Intentional misstatements or omissions of facts constitute Federal Criminal Violations.

**Signature of Reporting Person

Date

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.

Potential persons who are to respond to the collection of information contained in this form are not

Page 2

required to respond unless the form displays a currently valid OMB Number.

Last Updated on 12-10-2002
By Avista Corp Employee