NORTHWEST PIPE CO 4
4 · NORTHWEST PIPE CO · Filed Jan 17, 2014
Insider Transaction Report
Form 4
STOKES GARY A
President, Water Transmission
Transactions
- Tax Payment
Common Stock
2014-01-01$37.76/sh−294$11,101→ 21,010 total - Tax Payment
Common Stock
2014-01-01$37.76/sh−368$13,896→ 20,402 total - Exercise/Conversion
Common Stock
2014-01-01+2,030→ 25,481 total - Exercise/Conversion
Restricted Stock Units
2014-01-01−902→ 3,276 total→ Common Stock (902 underlying) - Tax Payment
Common Stock
2014-01-01$37.76/sh−536$20,239→ 24,945 total - Exercise/Conversion
Restricted Stock Units
2014-01-01−1,129→ 4,178 total→ Common Stock (1,129 underlying) - Exercise/Conversion
Common Stock
2014-01-01+1,129→ 20,770 total - Exercise/Conversion
Common Stock
2014-01-01+3,343→ 24,353 total - Tax Payment
Common Stock
2014-01-01$37.76/sh−902$34,060→ 23,451 total - Exercise/Conversion
Common Stock
2014-01-01+902→ 21,304 total - Exercise/Conversion
Common Stock
2014-01-15+791→ 25,736 total - Tax Payment
Common Stock
2014-01-15$36.80/sh−258$9,494→ 25,478 total - Exercise/Conversion
Performance Shares
2014-01-01−2,259→ 15,241 total→ Common Stock (3,343 underlying) - Exercise/Conversion
Performance Shares
2014-01-01−2,707→ 12,534 total→ Common Stock (2,030 underlying) - Exercise/Conversion
Restricted Stock Units
2014-01-15−791→ 2,485 total→ Common Stock (791 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.