0001437749-23-018263.txt : 20230623 0001437749-23-018263.hdr.sgml : 20230623 20230623161616 ACCESSION NUMBER: 0001437749-23-018263 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20230622 ITEM INFORMATION: Submission of Matters to a Vote of Security Holders ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20230623 DATE AS OF CHANGE: 20230623 FILER: 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 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-27140 FILM NUMBER: 231037877 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 8-K 1 nwpx20230413c_8k.htm FORM 8-K nwpx20230413c_8k.htm
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 8-K
 
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported): June 22, 2023
 
NORTHWEST PIPE COMPANY
(Exact name of registrant as specified in its charter)
 
Oregon
 
0-27140
 
93-0557988
(State or other jurisdiction
of incorporation)
 
(Commission
File Number)
 
(IRS Employer
Identification No.)
 
201 NE Park Plaza Drive, Suite 100
Vancouver, WA 98684
(Address of principal executive offices and Zip Code)
 
Registrant's telephone number, including area code: 3603976250
 
Check the appropriate box below if the Form 8‑K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
Securities registered pursuant to Section 12(b) of the Act:
 
 Title of each class         
Trading Symbol(s)  
 Name of each exchange on which registered     
Common Stock, par value $0.01 per share
NWPX
Nasdaq Global Select Market
 
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
 
Emerging growth company     
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.     ☐
 


 
 

 
 
Item 5.07
SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
   
 
At the Annual Meeting of Shareholders of Northwest Pipe Company (the “Company”) on June 22, 2023, the Company’s shareholders: (i) elected three directors; (ii) approved, on an advisory basis, the compensation paid to the Company’s named executive officers; (iii) approved, on an advisory basis, “1 Year” as the frequency with which the Company should include advisory votes on executive compensation in future proxy statements; and (iv) ratified the appointment of Moss Adams LLP as the Company’s independent registered public accountants for the year ending December 31, 2023. Set forth below are the voting results for each of these proposals.
 
Proposal 1:      Election of three directors:
 
 
Nominee
 
For
 
Withheld
 
Broker Non‑votes
 
Irma Lockridge (two‑year term)
  7,932,243   175,709   940,551
  Scott Montross (three-year term)   7,177,688   930,264   940,551
  John Paschal (three-year term)   5,552,721   2,555,231   940,551
 
  Proposal 2:      Advisory vote on executive compensation:
 
 
For
 
Against
 
Abstain
 
Broker Non‑votes
  7,507,479   376,937   223,536   940,551
 
  Proposal 3:      Advisory vote on the frequency of shareholder advisory votes on executive compensation:
 
 
1 Year
  2 Years   3 Years   Abstain  
Broker Non‑votes
  7,188,114   3,739   705,980   210,119   940,551
 
  Based on the voting results on Proposal 3, and consistent with the recommendation of the Board of Directors of “1 Year” as the frequency of shareholder advisory votes on executive compensation, the Company has determined to include an advisory vote on the compensation of the Company’s named executive officers in its proxy materials for each annual meeting of shareholders until the next required advisory vote on the frequency of shareholder advisory votes on executive compensation.
 
  Proposal 4:      Ratification of the appointment of Moss Adams LLP as the Company’s independent registered public accountants for the year ending December 31, 2023:
 
 
For
 
Against
 
Abstain
 
Broker Non‑votes
  9,037,974   4,638   5,891  
-
 
 

 
Item 9.01.
FINANCIAL STATEMENTS AND EXHIBITS
   
(d)
Exhibits
   
104   
Cover Page Interactive Data File (embedded within the Inline XBRL document)
 
 

 
 
SIGNATURE
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized on June 23, 2023.
 
 
NORTHWEST PIPE COMPANY
 
(Registrant)
     
 
By
/s/ Aaron Wilkins
   
Aaron Wilkins
Senior Vice President, Chief Financial Officer, and Corporate Secretary
 
 
 
 
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