NORTHWEST PIPE CO 4
4 · NORTHWEST PIPE CO · Filed Jun 4, 2013
Insider Transaction Report
Form 4
STONE GARY
VP, Quality Assurance
Transactions
- Exercise/Conversion
Performance Shares
2013-05-31+1,671→ 3,886 total→ Common Stock (1,671 underlying) - Exercise/Conversion
Restricted Stock
2013-05-31+557→ 1,177 total→ Common Stock (557 underlying)
Footnotes (3)
- [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, 2014, 1/3 on January 15, 2015 and 1/3 or January 15, 2016.
- [F3]The Performance Shares vest on January 15, 2016 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 shareholder return for 2013-2015 relative to the total shareholder return of a peer group over the same period.