Wray Michael 4
4 · NORTHWEST PIPE CO · Filed Mar 31, 2025
Insider Transaction Report
Form 4
Wray Michael
SVP/GM, Precast Infrastructure
Transactions
- Award
Performance Shares
2025-03-27+6,386→ 21,560 total→ Common Stock (6,386 underlying) - Award
Restricted Stock
2025-03-27+2,129→ 4,716 total→ Common Stock (2,129 underlying)
Holdings
- 16,287
Common Stock
Footnotes (4)
- [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, 2026, 1/3 on January 15, 2027 and 1/3 on January 14, 2028.
- [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 total EBITDA margin over the measurement period.
- [F4]Performance Shares vest in installments as follows: 1/3 on March 31, 2026, 1/3 on March 31, 2027 and 1/3 on March 31, 2028.