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NWPX Infrastructure, Inc. — Director's Dealing 2022
May 19, 2022
32818_dirs_2022-05-19_92908d5e-ffbf-4cfb-97a4-22cce49a080c.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: 2022-05-18
Reporting Person: MONTROSS SCOTT J (President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-05-18 | Common Stock | S | 1500 | $32 | Disposed | 95291 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock | $ | Common Stock (7127) | 7127 | Direct | |
| Performance Shares | $ | Common Stock (21386) | 21386 | Direct |
Footnotes
F1: Sale of stock pursuant to a 10b5-1 trading plan previously adopted by the Reporting Person.
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 installments in January of 2023 and 2024.
F4: Performance Shares vest 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 EBITDA margin over the measurement period.
F5: The Performance Shares vest in installments in March of 2023 and 2024.