NORTHWEST PIPE CO 4
4 · NORTHWEST PIPE CO · Filed Jan 17, 2017
Insider Transaction Report
Form 4
Transactions
- Exercise/Conversion
Common Stock
2017-01-15+575→ 19,197 total - Exercise/Conversion
Restricted Stock Units
2017-01-15−575→ 24,947 total→ Common Stock (575 underlying)
Holdings
- 0
Performance Shares
→ Common Stock
Footnotes (3)
- [F1]Each Restricted Stock Unit represents a contingent right to receive one share of Northwest Pipe Company common stock.
- [F2]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.
- [F3]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.