MONTROSS SCOTT J 4

4 · NORTHWEST PIPE CO · Filed Apr 2, 2025

Form 4

Period: 2025-03-31

President & CEO

Transactions

Exercise/Conversion
Common Stock
2025-03-31+9,550→ 83,363 total
Tax Payment
Common Stock
2025-03-31$41.30/sh−3,692$152,480→ 73,813 total
Tax Payment
Common Stock
2025-03-31$41.30/sh−3,757$155,164→ 79,606 total
Tax Payment
Common Stock
2025-03-31$41.30/sh−4,057$167,554→ 85,860 total
Exercise/Conversion
Common Stock
2025-03-31+9,383→ 77,505 total
Exercise/Conversion
Common Stock
2025-03-31+10,311→ 89,917 total
Exercise/Conversion
Performance Shares
2025-03-31−7,952→ 63,109 total
→ Common Stock (9,383 underlying)
Exercise/Conversion
Performance Shares
2025-03-31−8,604→ 54,505 total
→ Common Stock (9,550 underlying)
Exercise/Conversion
Performance Shares
2025-03-31−7,753→ 46,752 total
→ Common Stock (10,311 underlying)

Holdings

Footnotes (8)

[F1]Represents shares acquired pursuant to the vesting of Performance Shares.
[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 0-200% 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.
[F4]Performance Shares vest in installments as follows: 1/3 on March 31, 2023, 1/3 on April 1, 2024 and 1/3 on March 31, 2025
[F5]Performance Shares vest in installments as follows: 1/3 on April 1, 2024, 1/3 on March 31, 2025 and 1/3 on March 31, 2026
[F6]Performance Shares vest in installments as follows: 1/3 on March 31, 2025, 1/3 on March 31, 2026 and 1/3 on March 31, 2027.
[F7]Each Restricted Stock Unit represents a contingent right to receive one share of Northwest Pipe Company common stock.
[F8]The Restricted Stock Units vest in installments in January of 2026, 2027 and 2028.

Documents

1 file