X0303 4 2010-01-15 0000784977 PORTLAND GENERAL ELECTRIC CO /OR/ POR 0001239047 POPE MARIA M 121 SW SALMON STREET PORTLAND OR 97204 0 1 0 0 Sr. V.P., CFO & Treasurer Dividend Equivalent Right 2010-01-15 4 A 0 66 0 A Common Stock 66 274 D Dividend Equivalent Units (DEUs) accrue on Restricted Stock Units (RSUs) and vest proportionately in conjunction with the vesting of the underlying RSUs. Each DEU is equivalent to one share of common stock of the issuer. Karen J. Lewis Power of Attorney on behalf of Reporting Person 2010-01-19