Company: POR
Filing Date: 2025-03-05
Form Type: DEF 14A
Source: 0000784977-25-000055
Chunk: 57

Company: PORTLAND GENERAL ELECTRIC CO /OR/
Filing Date: 2025-03-05
Form: DEF 14A
Chunk 57
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 Benjamin Felton   |     | 2005 MDCP |     |                                 | 280,876 |   |                               | 6,673 |   |                            |  15,393 |     |                                 |   397,459 |   |
| Angelica Espinosa |     | 2005 MDCP |     |                                 | 138,125 |   |                               | 3,000 |   |                            |  30,047 |     |                                 |   590,316 |   |
| John McFarland    |     | 2005 MDCP |     |                                 |         | — |                               |       | — |                            |       — |     |                                 |           | — |

1. Amounts in this column include salary and paid-time-off deferrals that are reflected in the Salary column of the Summary Compensation Table, as well as cash incentive award deferrals for 2023 deferred in 2024 that are reflected in the Non-Equity Incentive Plan Compensation column of the Summary Compensation Table.

2. Amounts in this column include a Company matching contribution of 3% of annual base salary deferred under the applicable plan. These amounts are included in the Summary Compensation Table under “All Other Compensation.”

3. Amounts included in this column were reported as compensation to the named executive officer in the Company’s Summary Compensation Table for previous years.

For 2024, participants could also contribute cash payments in lieu of up to 160 hours of canceled paid time off. The

Company provides a 3% matching contribution on employee base salary deferrals. Deferral elections must be made no later than December 31 of the taxable year preceding the year in which the compensation is earned. Amounts deferred under the 2005 MDCP accrue interest that is 0.5% higher than the annual yield on Moody’s Average Corporate Bond Yield Index. Interest rates are established in the plan document, which is administered by a management-level committee.

Payments are triggered by termination of employment, beginning six months after separation from service; a participant’s account balance during the six-month delay continues to accrue interest. Under both plans, benefits are paid in one of the following forms, as elected by the participant in a payment election form filed each year for the following year’s deferrals: (i) a lump-sum payment or (ii) monthly installments in equal payments of principal and interest over a period of up to 180 months. If a Participant Separates