Accession Number: | 0001437749-20-000793 |
Date: | 2020-01-15 |
Issuer: | NORTHWEST PIPE CO (NWPX) |
Original Submission Date: |
WILKINS AARON
201 NE PARK PLAZA DRIVE
SUITE 100
VANCOUVER, WA 98684
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
COMMON STOCK | 2020-01-15 | M | 283 | a | $0.00 | 4,664 | direct | ||
COMMON STOCK | 2020-01-15 | F | 146 | d | $33.66 | 4,518 | direct |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
RESTRICTED STOCK | 0.0 | 2020-01-15 | deemed execution date | M | 283 (d) | common stock 283 | $0.00 | 566 | direct | |||
PERFORMANCE SHARES | 0.0 | 2020-01-15 | deemed execution date | 0 ( ) | common stock | $0.00 | 2,547 | direct |
ID | footnote |
---|---|
f1 | represents shares acquired pursuant to vesting of restricted stock units. |
f2 | represents shares withheld by the issuer for payment of taxes incurred upon vesting event consistent with company policy. |
f3 | 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. |
f4 | performance shares vest in installments as follows: 2/3 march 31, 2020 and 1/3 march 31, 2021. |
f5 | each restricted stock unit represents a contingent right to receive one share of northwest pipe company common stock. |
f6 | 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. |