Smith William M 4

4 · NORTHWEST PIPE CO · Filed Jan 19, 2022

Form 4

Period: 2022-01-17

Exec VP, Water Transmission

Transactions

Tax Payment
Common Stock
2022-01-17$30.65/sh−413$12,658→ 34,295 total
Exercise/Conversion
Common Stock
2022-01-17+926→ 34,708 total
Exercise/Conversion
Common Stock
2022-01-17+877→ 35,172 total
Tax Payment
Common Stock
2022-01-17$30.65/sh−391$11,984→ 34,781 total
Tax Payment
Common Stock
2022-01-17$30.65/sh−313$9,593→ 35,170 total
Exercise/Conversion
Restricted Stock
2022-01-17−877→ 2,983 total
→ Common Stock (877 underlying)
Exercise/Conversion
Restricted Stock
2022-01-17−926→ 3,860 total
→ Common Stock (926 underlying)
Exercise/Conversion
Common Stock
2022-01-17+702→ 35,483 total
Exercise/Conversion
Restricted Stock
2022-01-17−702→ 2,281 total
→ Common Stock (702 underlying)

Holdings

Footnotes (7)

[F1]Each Restricted Stock Unit represents a contingent right to receive one share of Northwest Pipe Company common stock.
[F2]Represents shares withheld by the issuer for payment of taxes incurred upon vesting event consistent with company policy.
[F3]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.
[F4]The Restricted Stock Units vest in installments as follows: 1/3 on January 15, 2021, 1/3 on January 17, 2022 and 1/3 on January 16, 2023.
[F5]The Restricted Stock Units vest in installments as follows: 1/3 on January 17, 2022, 1/3 on January 16, 2023 and 1/3 on January 15, 2024.
[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 EBITDA margin over the measurement period.
[F7]The Performance Shares vest in installments in March of 2022, 2023 and 2024.

Documents

1 file