0001437749-23-001231.txt : 20230118 0001437749-23-001231.hdr.sgml : 20230118 20230118164209 ACCESSION NUMBER: 0001437749-23-001231 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230116 FILED AS OF DATE: 20230118 DATE AS OF CHANGE: 20230118 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Stokes Eric CENTRAL INDEX KEY: 0001808046 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-27140 FILM NUMBER: 23534905 MAIL ADDRESS: STREET 1: 201 NE PARK PLAZA DRIVE STREET 2: 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 X0306 4 2023-01-16 0001001385 NORTHWEST PIPE CO NWPX 0001808046 Stokes Eric 201 NE PARK PLAZA DRIVE SUITE 100 VANCOUVER WA 98684 1 SVP/GM of Engineered SPP Common Stock 2023-01-16 4 M 0 725 A 12226 D Common Stock 2023-01-16 4 F 0 323 35.55 D 11903 D Common Stock 2023-01-16 4 M 0 580 A 12483 D Common Stock 2023-01-16 4 F 0 258 35.55 D 12225 D Common Stock 2023-01-16 4 M 0 755 A 12980 D Common Stock 2023-01-16 4 F 0 337 35.55 D 12643 D Restricted Stock 2023-01-16 4 M 0 725 D Common Stock 725 3423 D Restricted Stock 2023-01-16 4 M 0 580 D Common Stock 580 2843 D Restricted Stock 2023-01-16 4 M 0 755 D Common Stock 755 2088 D Performance Shares Common Stock 12440 12440 D Represents shares acquired pursuant to vesting of Restricted Stock Units. Represents shares withheld by the issuer for payment of taxes incurred upon vesting event consistent with company policy. 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 as follows: 1/3 on January 15, 2021, 1/3 on January 17, 2022 and 1/3 on January 16, 2023. The Restricted Stock Units vest in installments as follows: 1/3 on January 17, 2022, 1/3 on January 16, 2023 and 1/3 on January 15, 2024. The Restricted Stock Units vest in installments as follows: 1/3 on January 16, 2023, 1/3 on January 15, 2024 and 1/3 on January 15, 2025. 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. The Performance Shares vest in installments in March of 2023, 2024 and 2025. /s/ Eric Stokes 2023-01-18