NORTHWEST PIPE CO 4
4 · NORTHWEST PIPE CO · Filed Jan 17, 2014
Insider Transaction Report
Form 4
WINSOR JENKINS
VP, Human Resources
Transactions
- Exercise/Conversion
Common Stock
2014-01-01+216→ 1,475 total - Exercise/Conversion
Restricted Stock Units
2014-01-01−216→ 766 total→ Common Stock (216 underlying) - Exercise/Conversion
Performance Shares
2014-01-01−647→ 2,946 total→ Common Stock (485 underlying) - Exercise/Conversion
Restricted Stock Units
2014-01-15−184→ 582 total→ Common Stock (184 underlying) - Exercise/Conversion
Common Stock
2014-01-01+485→ 2,323 total - Exercise/Conversion
Common Stock
2014-01-01+262→ 1,368 total - Tax Payment
Common Stock
2014-01-01$37.76/sh−90$3,398→ 1,385 total - Exercise/Conversion
Common Stock
2014-01-01+776→ 2,161 total - Tax Payment
Common Stock
2014-01-01$37.76/sh−109$4,116→ 1,259 total - Tax Payment
Common Stock
2014-01-01$37.76/sh−323$12,196→ 1,838 total - Tax Payment
Common Stock
2014-01-01$37.76/sh−202$7,628→ 2,121 total - Exercise/Conversion
Common Stock
2014-01-15+184→ 2,305 total - Tax Payment
Common Stock
2014-01-15$36.80/sh−76$2,797→ 2,229 total - Exercise/Conversion
Restricted Stock Units
2014-01-01−262→ 982 total→ Common Stock (262 underlying) - Exercise/Conversion
Performance Shares
2014-01-01−524→ 3,593 total→ Common Stock (776 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.