0001437749-23-009294.txt : 20230404
0001437749-23-009294.hdr.sgml : 20230404
20230404161610
ACCESSION NUMBER: 0001437749-23-009294
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230331
FILED AS OF DATE: 20230404
DATE AS OF CHANGE: 20230404
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Wray Michael
CENTRAL INDEX KEY: 0001922394
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-27140
FILM NUMBER: 23797666
MAIL ADDRESS:
STREET 1: 201 NE PARK PLAZA DRIVE, SUITE 100
CITY: VANCOUVER
STATE: WA
ZIP: 98684
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: NORTHWEST PIPE CO
CENTRAL INDEX KEY: 0001001385
STANDARD INDUSTRIAL CLASSIFICATION: STEEL PIPE & TUBES [3317]
IRS NUMBER: 930557988
STATE OF INCORPORATION: OR
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 201 NE PARK PLAZA DRIVE
STREET 2: SUITE 100
CITY: VANCOUVER
STATE: WA
ZIP: 98684
BUSINESS PHONE: 3603976250
MAIL ADDRESS:
STREET 1: 201 NE PARK PLAZA DRIVE
STREET 2: SUITE 100
CITY: VANCOUVER
STATE: WA
ZIP: 98684
4
1
rdgdoc.xml
FORM 4
X0407
4
2023-03-31
0001001385
NORTHWEST PIPE CO
NWPX
0001922394
Wray Michael
201 NE PARK PLAZA DRIVE
SUITE 100
VANCOUVER
WA
98684
1
SVP/GM, Precast Infrastructure
0
Common Stock
2023-03-31
4
M
0
1491
A
8391
D
Common Stock
2023-03-31
4
F
0
586
31.23
D
7805
D
Common Stock
2023-03-31
4
M
0
1182
A
8987
D
Common Stock
2023-03-31
4
F
0
465
31.23
D
8522
D
Common Stock
2023-03-31
4
M
0
2853
A
11375
D
Common Stock
2023-03-31
4
F
0
1122
31.23
D
10253
D
Performance Shares
2023-03-31
4
M
0
938
D
Common Stock
1491
8360
D
Performance Shares
2023-03-31
4
M
0
938
D
Common Stock
1182
7422
D
Performance Shares
2023-03-31
4
M
0
2161
D
Common Stock
2853
5261
D
Restricted Stock
Common Stock
1754
D
Represents shares acquired pursuant to the vesting of Performance Shares.
Represents shares withheld by the issuer for payment of taxes incurred upon vesting event consistent with company policy.
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.
Performance Shares vest in installments as follows: 1/3 March 31, 2021, 1/3 on March 31, 2022 and 1/3 on March 31, 2023.
Performance Shares vest in installments as follows: 1/3 on March 31, 2022, 1/3 on March 31, 2023 and 1/3 on April 1, 2024.
Performance Shares vest in installments as follows: 1/3 on March 31, 2023, 1/3 on April 1, 2024 and 1/3 on March 31, 2025.
Each Restricted Stock Unit represents a contingent right to receive one share of Northwest Pipe Company common stock.
The Restricted Stock Units vest in installments in January of 2024 and 2025.
/s/ Michael Wray
2023-04-04