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NWPX Infrastructure, Inc. Director's Dealing 2020

Mar 30, 2020

32818_dirs_2020-03-30_972b0bc6-674f-4429-a75e-a5f979f23fbe.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: NORTHWEST PIPE CO (NWPX)
CIK: 0001001385
Period of Report: 2020-03-26

Reporting Person: Kendrick Megan A. (VP of Human Resources)

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 485 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Restricted Stock $ Common Stock (566) Direct
Performance Shares $ Common Stock (2547) Direct

Footnotes

F1: The Restricted Stock Units vest in installments as follows: 1/3 on January 15, 2020, 1/3 on January 15, 2021 and 1/3 on January 17, 2022.

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

F3: Performance shares vest in installments as follows: 2/3 March 31, 2020 and 1/3 March 31, 2021.

F4: Performance Shares vest in an amount ranging from 0-150% to the extent such Performance Shares are earned. Performance Shares are earned based on Northwest Pipe Company's total EBITDA margin over the measurement period.