0001437749-24-010903.txt : 20240403 0001437749-24-010903.hdr.sgml : 20240403 20240403165203 ACCESSION NUMBER: 0001437749-24-010903 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: Wray Michael CENTRAL INDEX KEY: 0001922394 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-27140 FILM NUMBER: 24819714 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] 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 0001922394 Wray Michael 201 NE PARK PLAZA DRIVE SUITE 100 VANCOUVER WA 98684 1 SVP/GM, Precast Infrastructure 0 Common Stock 2024-04-01 4 M 0 1155 A 12478 D Common Stock 2024-04-01 4 F 0 461 35.16 D 12017 D Common Stock 2024-04-01 4 M 0 2377 A 14394 D Common Stock 2024-04-01 4 F 0 949 35.16 D 13445 D Common Stock 2024-04-01 4 M 0 2476 A 15921 D Common Stock 2024-04-01 4 F 0 988 35.16 D 14933 D Performance Shares 2024-04-01 4 M 0 939 D Common Stock 1155 20086 D Performance Shares 2024-04-01 4 M 0 2161 D Common Stock 2377 17925 D Performance Shares 2024-04-01 4 M 0 2751 D Common Stock 2476 15174 D Restricted Stock Common Stock 5059 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/ Michael Wray 2024-04-03