NORTHWEST PIPE CO 4
4 · NORTHWEST PIPE CO · Filed Jan 20, 2016
Insider Transaction Report
Form 4
Transactions
- Exercise/Conversion
Restricted Stock Units
2016-01-15−717→ 1,150 total→ Common Stock (717 underlying) - Exercise/Conversion
Restricted Stock Units
2016-01-15−575→ 575 total→ Common Stock (575 underlying) - Exercise/Conversion
Common Stock
2016-01-15+717→ 18,047 total - Exercise/Conversion
Common Stock
2016-01-15+515→ 18,562 total
Holdings
- 5,174
Performance Shares
→ Common Stock
Footnotes (6)
- [F1]Represents shares acquired pursuant to vesting of Restricted Stock Units granted in 2013.
- [F2]Represents shares acquired pursuant to vesting of Restricted Stock Units granted in 2014.
- [F3]Each Restricted Stock Unit represents a contingent right to receive one share of Northwest Pipe Company common stock.
- [F4]The Restricted Stock Units vest in installments as follows: 1/3 on January 15, 2014, 1/3 on January 15, 2015 and 1/3 on January 15, 2016.
- [F5]The Restricted Stock Units vest in installments as follows: 1/3 on January 15, 2015, 1/3 on January 15, 2016 and 1/3 on January 15, 2017.
- [F6]Performance Shares vest in an amount ranging from 0-200% to the extent such Performance Shares are earned. Performance Shares are earned based on Northwest Pipe Company's total shareholder return for a specific time period relative to the total shareholder return of a peer group over the same period.