Welty Stephanie 4
4 · NORTHWEST PIPE CO · Filed Aug 20, 2010
Insider Transaction Report
Form 4
Welty Stephanie
Senior Vice President & CFO
Transactions
- Exercise/Conversion
Restricted Stock Units
2010-08-18−181→ 777 total→ Common Stock (181 underlying) - Exercise/Conversion
Common Stock
2010-08-18+181→ 1,708 total - Tax Payment
Common Stock
2010-08-18$15.68/sh−45$706→ 1,663 total
Footnotes (4)
- [F1]Represents shares acquired pursuant to vesting of Restricted Stock Units granted in 2008.
- [F2]Represents shares withheld by the issuer for payment of taxes incurred upon vesting event consistent with company policy.
- [F3]Each Restricted Stock Unit represents a contingent right to receive one share of Northwest Pipe Company common stock.
- [F4]The Restricted Stock Units vest in installments as follows: 40% on August 18, 2009, 40% on August 18, 2010 and 20% on August 18, 2011.