NORTHWEST PIPE CO 4
4 · NORTHWEST PIPE CO · Filed Jan 20, 2016
Insider Transaction Report
Form 4
Dana Martin W
Exec VP, Tubular Products
Transactions
- Exercise/Conversion
Common Stock
2016-01-15+348→ 8,479 total - Exercise/Conversion
Common Stock
2016-01-15+606→ 8,941 total - Tax Payment
Restricted Stock Units
2016-01-15−606→ 606 total→ Common Stock (606 underlying) - Tax Payment
Common Stock
2016-01-15$8.73/sh−252$2,200→ 8,689 total - Tax Payment
Common Stock
2016-01-15$8.73/sh−144$1,257→ 8,335 total - Exercise/Conversion
Restricted Stock Units
2016-01-15−348→ 1,212 total→ Common Stock (348 underlying)
Holdings
- 5,455
Performance Shares
→ Common Stock
Footnotes (7)
- [F1]Represents shares acquired pursuant to vesting of Restricted Stock Units granted in 2013.
- [F2]Represents shares withheld by the issuer for payment of taxes incurred upon vesting event consistent with company policy.
- [F3]Represents shares acquired pursuant to vesting of Restricted Stock Units granted in 2014.
- [F4]Each Restricted Stock Unit represents a contingent right to receive one share of Northwest Pipe Company common stock.
- [F5]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.
- [F6]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.
- [F7]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.