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4//SEC Filing

Wray Michael 4

Accession 0001437749-25-010633

CIK 0001001385other

View on SEC.gov Company Profile

Filed

Apr 1, 8:00 PM ET

Accepted

Apr 2, 3:30 PM ET

Size

19.7 KB

Accession

0001437749-25-010633

Insider Transaction Report

Form 4

Period: 2025-03-31

NORTHWEST PIPE CONWPX

SVP/GM, Precast Infrastructure

Transactions

Exercise/Conversion
Common Stock
2025-03-31+3,329→ 23,016 total
Exercise/Conversion
Common Stock
2025-03-31+3,054→ 20,888 total
Tax Payment
Common Stock
2025-03-31$41.30/sh−1,201$49,601→ 19,687 total
Exercise/Conversion
Performance Shares
2025-03-31−2,503→ 14,145 total
→ Common Stock (3,329 underlying)
Exercise/Conversion
Common Stock
2025-03-31+2,550→ 18,837 total
Tax Payment
Common Stock
2025-03-31$41.30/sh−1,003$41,424→ 17,834 total
Exercise/Conversion
Performance Shares
2025-03-31−2,161→ 19,399 total
→ Common Stock (2,550 underlying)
Tax Payment
Common Stock
2025-03-31$41.30/sh−1,309$54,062→ 21,707 total
Exercise/Conversion
Performance Shares
2025-03-31−2,751→ 16,648 total
→ Common Stock (3,054 underlying)

Holdings

Restricted Stock
→ Common Stock
4,716

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

4
rdgdoc.xmlPrimary
FORM 4

Issuer

NORTHWEST PIPE CO

CIK 0001001385

Entity typeother

Related Parties

1

filerCIK 0001922394

Filing Metadata

Form type: 4
Filed: Apr 1, 8:00 PM ET
Accepted: Apr 2, 3:30 PM ET
Size: 19.7 KB

View on SEC.gov