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NWPX Infrastructure, Inc. — Director's Dealing 2011
Oct 12, 2011
32818_dirs_2011-10-12_c64cc717-b45f-4703-baba-ad052f7e5e12.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: 2011-10-10
Reporting Person: STONE GARY (VP, Quality Assurance)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-10-10 | Restricted Stock Units | $ | M | 689 | Acquired | Common Stock (689) | Direct | |
| 2011-10-10 | Performance Shares | $ | M | 918 | Acquired | Common Stock () | Direct | |
| 2011-10-10 | Performance Shares | $ | M | 459 | Acquired | Common Stock () | Direct |
Footnotes
F1: Each Restricted Stock Unit represents a contingent right to receive one share of Northwest Pipe Company common stock.
F2: The Restricted Stock Units vest in installments as follows: 2/3 on January 1, 2013 and 1/3 on January 1, 2014.
F3: The Performance Shares vest on January 1, 2013 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 shareholder return for 2011 - 2012 relative to the total shareholder return of a peer group over the same period.
F4: The Performance Shares vest on January 1, 2014 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 shareholder return for 2011 - 2013 relative to the total shareholder return of a peer group over the same period.