NORTHWEST PIPE CO 4
4 · NORTHWEST PIPE CO · Filed Jan 17, 2014
Insider Transaction Report
Form 4
STONE GARY
VP, Quality Assurance
Transactions
- Tax Payment
Common Stock
2014-01-01$37.76/sh−143$5,400→ 3,619 total - Exercise/Conversion
Restricted Stock Units
2014-01-01−230→ 947 total→ Common Stock (230 underlying) - Exercise/Conversion
Performance Shares
2014-01-01−585→ 2,842 total→ Common Stock (439 underlying) - Tax Payment
Common Stock
2014-01-15$36.80/sh−60$2,208→ 3,745 total - Exercise/Conversion
Restricted Stock Units
2014-01-01−195→ 752 total→ Common Stock (195 underlying) - Exercise/Conversion
Restricted Stock Units
2014-01-15−186→ 566 total→ Common Stock (186 underlying) - Tax Payment
Common Stock
2014-01-01$37.76/sh−63$2,379→ 2,866 total - Tax Payment
Common Stock
2014-01-01$37.76/sh−222$8,383→ 3,323 total - Exercise/Conversion
Common Stock
2014-01-01+230→ 2,809 total - Exercise/Conversion
Common Stock
2014-01-01+195→ 2,929 total - Exercise/Conversion
Common Stock
2014-01-01+679→ 3,545 total - Tax Payment
Common Stock
2014-01-01$37.76/sh−75$2,832→ 2,734 total - Exercise/Conversion
Common Stock
2014-01-01+439→ 3,762 total - Exercise/Conversion
Common Stock
2014-01-15+186→ 3,805 total - Exercise/Conversion
Performance Shares
2014-01-01−459→ 3,427 total→ Common Stock (679 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.