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NWPX Infrastructure, Inc. Director's Dealing 2010

Aug 20, 2010

32818_dirs_2010-08-20_98320b11-0bfc-40b9-b62f-78f1bfa08249.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: 2010-08-18

Reporting Person: WINSOR JENKINS (VP, Human Resources)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-08-18 Common Stock M 73 Acquired 1062 Direct
2010-08-18 Common Stock F 18 $15.68 Disposed 1044 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-08-18 Restricted Stock Units $ M 73 Disposed Common Stock (73) Direct

Footnotes

F1: Represents shares acquired pursuant to vesting of Restricted Stock Units granted in 2008.

F2: Represents shares withheld by the issuer for payment of taxes incurred upon vesting event consistent with company policy.

F3: Each Restricted Stock Unit represents a contingent right to receive one share of Northwest Pipe Company common stock.

F4: The Restricted Stock Units vest in installments as follows: 40% on August 18, 2009, 40% on August 18, 2010 and 20% on August 18, 2011.