0001437749-24-010891.txt : 20240403
0001437749-24-010891.hdr.sgml : 20240403
20240403163909
ACCESSION NUMBER: 0001437749-24-010891
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240401
FILED AS OF DATE: 20240403
DATE AS OF CHANGE: 20240403
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: MONTROSS SCOTT J
CENTRAL INDEX KEY: 0001228503
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-27140
FILM NUMBER: 24819486
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: NORTHWEST PIPE CO
CENTRAL INDEX KEY: 0001001385
STANDARD INDUSTRIAL CLASSIFICATION: STEEL PIPE & TUBES [3317]
ORGANIZATION NAME: 04 Manufacturing
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
X0508
4
2024-04-01
0001001385
NORTHWEST PIPE CO
NWPX
0001228503
MONTROSS SCOTT J
201 NE PARK PLAZA DRIVE
SUITE 100
VANCOUVER
WA
98684
1
President & CEO
0
Common Stock
2024-04-01
4
M
0
8095
A
124854
D
Common Stock
2024-04-01
4
F
0
3232
35.16
D
121622
D
Common Stock
2024-04-01
4
M
0
8744
A
130366
D
Common Stock
2024-04-01
4
F
0
3491
35.16
D
126875
D
Common Stock
2024-04-01
4
M
0
7744
A
134619
D
Common Stock
2024-04-01
4
F
0
3092
35.16
D
131527
D
Performance Shares
2024-04-01
4
M
0
6581
D
Common Stock
8095
64977
D
Performance Shares
2024-04-01
4
M
0
7949
D
Common Stock
8744
57028
D
Performance Shares
2024-04-01
4
M
0
8604
D
Common Stock
7744
48424
D
Restricted Stock
Common Stock
16141
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, 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.
Performance Shares vest in installments as follows: 1/3 on April 1, 2024, 1/3 on March 31, 2025 and 1/3 on March 31, 2026.
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 2025, 2026 and 2027.
/s/ Megan Kendrick
2024-04-03