NORTHWEST PIPE CO 4
4 · NORTHWEST PIPE CO · Filed Jan 17, 2014
Insider Transaction Report
Form 4
CARRIER GREG
Vice President, Purchasing
Transactions
- Tax Payment
Common Stock
2014-01-01$37.76/sh−268$10,120→ 2,890 total - Exercise/Conversion
Restricted Stock Units
2014-01-01−182→ 739 total→ Common Stock (182 underlying) - Exercise/Conversion
Restricted Stock Units
2014-01-15−186→ 553 total→ Common Stock (186 underlying) - Tax Payment
Common Stock
2014-01-01$37.76/sh−91$3,436→ 2,396 total - Tax Payment
Common Stock
2014-01-01$37.76/sh−167$6,306→ 3,132 total - Tax Payment
Common Stock
2014-01-15$36.80/sh−76$2,797→ 3,242 total - Exercise/Conversion
Restricted Stock Units
2014-01-01−222→ 921 total→ Common Stock (222 underlying) - Exercise/Conversion
Performance Shares
2014-01-01−442→ 3,309 total→ Common Stock (654 underlying) - Exercise/Conversion
Common Stock
2014-01-01+222→ 2,487 total - Tax Payment
Common Stock
2014-01-01$37.76/sh−74$2,794→ 2,504 total - Exercise/Conversion
Common Stock
2014-01-01+654→ 3,158 total - Exercise/Conversion
Common Stock
2014-01-01+409→ 3,299 total - Exercise/Conversion
Common Stock
2014-01-15+186→ 3,318 total - Exercise/Conversion
Common Stock
2014-01-01+182→ 2,578 total - Exercise/Conversion
Performance Shares
2014-01-01−546→ 2,763 total→ Common Stock (409 underlying)
Footnotes (12)
- [F1]Represents shares acquired pursuant to vesting of Restricted Stock Units granted in 2011.
- [F10]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.
- [F11]The Performance Shares vest on January 1, 2014 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 2011-2013 relative to the total shareholder return of a peer group over the same period.
- [F12]The Performance Shares vest on January 1, 2014 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 2012-2013 relative to the total shareholder return of a peer group over the same period.
- [F2]Represents shares acquired pursuant to vesting of Restricted Stock Units granted in 2012.
- [F3]Represents shares acquired pursuant to vesting of Restricted Stock Units granted in 2013.
- [F4]Represents shares acquired pursuant to vesting of Performance Shares granted in 2011.
- [F5]Represents shares acquired pursuant to vesting of Performance Shares granted in 2012.
- [F6]Represents shares withheld by the issuer for payment of taxes incurred upon vesting event consistent with company policy.
- [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 as follows: 2/3 on January 1, 2013 and 1/3 on January 1, 2014.
- [F9]The Restricted Stock Units vest in installments as follows: 1/3 on January 1, 2013, 1/3 on January 1, 2014 and 1/3 on January 1, 2015.