NWPX Infrastructure, Inc. — Director's Dealing 2013

Jun 5, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NORTHWEST PIPE CO (NWPX)
CIK: 0001001385
Period of Report: 2013-05-31

Reporting Person: CARRIER GREG (VP, Purchasing)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-05-31	Restricted Stock	$	M	557	Acquired		Common Stock (557)	Direct
2013-05-31	Performance Shares	$	M	1671	Acquired		Common Stock (1671)	Direct

Footnotes

F1: Each Restricted Stock Unit represents a contingent right to receive one share of Northwest Pipe Company common stock.

F2: 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.

F3: The Performance Shares vest on January 15, 2016 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 2013-2015 relative to the total shareholder return of a peer group over the same period.