NORTHWEST PIPE CO 4
4 · NORTHWEST PIPE CO · Filed Jan 20, 2015
Insider Transaction Report
Form 4
Dana Martin W
Exec VP, Tubular Products
Transactions
- Exercise/Conversion
Common Stock
2015-01-01+382→ 6,942 total - Tax Payment
Common Stock
2015-01-01$30.12/sh−159$4,789→ 6,783 total - Exercise/Conversion
Common Stock
2015-01-01+1,353→ 8,136 total - Tax Payment
Common Stock
2015-01-15$22.69/sh−252$5,718→ 8,131 total - Exercise/Conversion
Restricted Stock Units
2015-01-15−349→ 2,166 total→ Common Stock (349 underlying) - Tax Payment
Common Stock
2015-01-15$22.69/sh−145$3,290→ 7,777 total - Exercise/Conversion
Common Stock
2015-01-15+606→ 8,383 total - Exercise/Conversion
Restricted Stock Units
2015-01-01−382→ 2,515 total→ Common Stock (382 underlying) - Tax Payment
Common Stock
2015-01-01$30.12/sh−563$16,958→ 7,573 total - Exercise/Conversion
Common Stock
2015-01-15+349→ 7,922 total - Exercise/Conversion
Performance Shares
2015-01-01−1,353→ 8,594 total→ Common Stock (1,353 underlying) - Exercise/Conversion
Restricted Stock Units
2015-01-15−606→ 1,560 total→ Common Stock (606 underlying)
Footnotes (10)
- [F1]Represents shares acquired pursuant to vesting of Restricted Stock Units granted in 2012.
- [F10]The Performance Shares vest on January 1, 2015 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 2012-2014 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 2013.
- [F3]Represents shares acquried pursuant to vesting of Restricted Stock Units granted in 2014.
- [F4]Represents shares acquired pursuant to vesting of Performance Shares granted in 2012.
- [F5]Represents shares withheld by the issuer for payment of taxes incurred upon vesting event consistent with company policy.
- [F6]Each Restricted Stock Unit represents a contingent right to receive one share of Northwest Pipe Company common stock.
- [F7]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.
- [F8]The Restricted Stock Units vest in installments as follows: 1/3 on January 15, 2014, 1/3 on January 15, 2015 and 1/3 on January 15, 2016.
- [F9]The Restricted Stock Units vest in installments as follows: 1/3 on January 15, 2015, 1/3 on January 15, 2016 and 1/3 on January 15, 2017.