GANTT ROBIN A 4
4 · NORTHWEST PIPE CO · Filed Jan 17, 2020
Insider Transaction Report
Form 4
Transactions
- Exercise/Conversion
Common Stock
2020-01-15+938→ 36,453 total - Exercise/Conversion
Restricted Stock
2020-01-15−938→ 1,876 total→ Common Stock (938 underlying) - Tax Payment
Common Stock
2020-01-15$33.66/sh−503$16,931→ 35,950 total
Holdings
- 8,442
Performance Shares
→ Common Stock
Footnotes (6)
- [F1]Represents shares acquired pursuant to vesting of Restricted Stock Units.
- [F2]Represents shares withheld by the issuer for payment of taxes incurred upon vesting event consistent with company policy.
- [F3]Performance Shares vest in an amount ranging from 0-150% to the extent such Performance Shares are earned. Performance Shares are earned based on Northwest Pipe Company's total EBITDA margin over the measurement period.
- [F4]Performance shares vest in installments as follows: 2/3 March 31, 2020 and 1/3 March 31, 2021.
- [F5]Each Restricted Stock Unit represents a contingent right to receive one share of Northwest Pipe Company common stock.
- [F6]The Restricted Stock Units vest in installments as follows: 1/3 on January 15, 2020, 1/3 on January 15, 2021 and 1/3 on January 17, 2022.