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0001733998
nwn:NorthwestNaturalGasCompanyMember
2020-04-03
2020-04-03
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
April 3, 2020
Date of Report (Date of earliest event reported)
Commission file number 1-38681 Commission file number 1-15973
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NORTHWEST NATURAL HOLDING COMPANY | | NORTHWEST NATURAL GAS COMPANY |
(Exact name of registrant as specified in its charter) | | (Exact name of registrant as specified in its charter) |
Oregon | 82-4710680 | | Oregon | 93-0256722 |
(State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification No.) | | (State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification No.) |
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250 S.W. Taylor Street | | 250 S.W. Taylor Street |
Portland | , | Oregon | 97204 | | Portland | , | Oregon | 97204 |
(Address of principal executive offices) | (Zip Code) | | (Address of principal executive offices) | (Zip Code) |
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Registrant’s telephone number: | (503) | 226-4211 | | Registrant’s telephone number: | (503) | 226-4211 |
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Securities registered pursuant to Section 12(b) of the Act: |
Registrant | Title of each class | Trading Symbol | Name of each exchange on which registered |
Northwest Natural Holding Company | Common Stock | NWN | New York Stock Exchange |
Northwest Natural Gas Company | None | | |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). |
Northwest Natural Holding Company | | Emerging growth company | ☐ |
Northwest Natural Gas Company | | Emerging growth company | ☐ |
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If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. | ☐ |
Item 5.03 Amendments to Articles of Incorporation or By-laws; Change in Fiscal Year.
On April 3, 2020, the Boards of Directors (the “Boards”) of each of Northwest Natural Holding Company (“NW Holdings”) and Northwest Natural Gas Company (“NW Natural”) approved the amendment and restatement of each of NW Holdings’ and NW Natural’s Amended and Restated Bylaws (together, the “Bylaws”). The amendments to the Bylaws were made primarily to permit the annual meeting of shareholders to be held partially or solely by means of remote communication, to clarify the leadership of the Boards in the event of the Chairman’s absence or disability, and to clarify the ability of directors to participate in regular or special board or committee meetings by means of remote communication. These amendments were adopted to provide flexibility in the format of board and shareholder meetings in light of the recent developments related to the novel coronavirus COVID-19 (COVID-19) in an effort to protect the health and well-being of our shareholders, employees, directors and communities.
The Bylaws that were adopted by the Boards on April 3, 2020 are attached to this Current Report on Form 8-K as Exhibits 3.1 and 3.2, respectively.
Forward-Looking Statements
This report, and other presentations made by NW Holdings and NW Natural from time to time, may contain forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as "anticipates," "assumes," "intends," "plans," "seeks," "believes," "estimates," "expects" and similar references to future periods. Examples of forward-looking statements include, but are not limited to, statements regarding the following: plans, objectives, assumptions, efforts, estimates, timing, goals, strategies, future events, developments, risks, effects of COVID-19, efforts to protect health, and other statements that are other than statements of historical facts.
Forward-looking statements are based on current expectations and assumptions regarding its business, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Actual results may differ materially from those contemplated by the forward-looking statements. You are therefore cautioned against relying on any of these forward-looking statements. They are neither statements of historical fact nor guarantees or assurances of future operational, economic or financial performance. Important factors that could cause actual results to differ materially from those in the forward-looking statements are discussed by reference to the factors described in Part I, Item 1A "Risk Factors", and Part II, Item 7 and Item 7A "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Quantitative and Qualitative Disclosure about Market Risk" in the most recent Annual Report on Form 10-K and in Part I, Items 2 and 3 "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Quantitative and Qualitative Disclosures About Market Risk", and Part II, Item 1A, "Risk Factors", in the quarterly reports filed thereafter.
All forward-looking statements made in this report and all subsequent forward-looking statements, whether written or oral and whether made by or on behalf of NW Holdings or NW Natural, are expressly qualified by these cautionary statements. Any forward-looking statement speaks only as of the date on which such statement is made, and NW Holdings and NW Natural undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law. New factors emerge from time to time and it is not possible to predict all such factors, nor can it assess the impact of each such factor or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statements.
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Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits
See Exhibit Index below.
EXHIBIT INDEX
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Exhibit | | Description |
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104 | | Inline XBRL for the cover page of this Current Report on Form 8-K. |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, each Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. The signature for each undersigned company shall be deemed to relate only to matters having reference to such company and its subsidiaries.
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| | NORTHWEST NATURAL HOLDING COMPANY |
| | (Registrant) |
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Dated: | April 7, 2020 | /s/ Shawn M. Filippi |
| | Vice President, Chief Compliance Officer and Corporate Secretary |
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| | NORTHWEST NATURAL GAS COMPANY |
| | (Registrant) |
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Dated: | April 7, 2020 | /s/ Shawn M. Filippi |
| | Vice President, Chief Compliance Officer and Corporate Secretary |