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NWPX Infrastructure, Inc. Director's Dealing 2009

Feb 23, 2009

32818_dirs_2009-02-23_03f3575f-2d2f-40d1-b58d-82e97a36187c.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NORTHWEST PIPE CO (NWPX)
CIK: 0001001385
Period of Report: 2009-02-19

Reporting Person: WINSOR JENKINS (Vice President,Human Resources)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2009-02-19 Common Stock M 54 Acquired 54 Direct
2009-02-19 Common Stock F 14 $30.24 Disposed 40 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2009-02-19 Restricted Stock Units $ M 54 Disposed Common Stock (54) Direct

Footnotes

F1: Represents shares acquired pursuant to vesting of Restricted Stock Units.

F2: Each Restricted Stock Unit represents a contingent right to receive one share of Northwest Pipe Company common stock.

F3: The Restricted Stock Units vest in 3 equal installments on February 18, 2009, August 18, 2009 and February 18, 2010.