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NWPX Infrastructure, Inc. — Director's Dealing 2013
Jun 5, 2013
32818_dirs_2013-06-04_5d51a09a-dec9-465d-a27b-228812e34e05.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: 2013-05-31
Reporting Person: STOKES GARY A (Senior VP, Sales & Marketing)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-05-31 | Restricted Stock | $ | M | 2373 | Acquired | Common Stock (2373) | Direct | |
| 2013-05-31 | Performance Shares | $ | M | 7120 | Acquired | Common Stock (7120) | 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.