Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | NWPX | Common Stock | 13K | Jun 16, 2022 | Direct |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NWPX | Restricted Stock | Award | +2.52K | +119.7% | 4.63K | Jun 16, 2022 | Common Stock | 2.52K | Direct | F1, F2 | |||
transaction | NWPX | Performance Shares | Award | +7.57K | +119.64% | 13.9K | Jun 16, 2022 | Common Stock | 7.57K | Direct | F3, F4 |
Id | Content |
---|---|
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: 1/3 on January 16, 2023, 1/3 on January 15, 2024 and 1/3 on January 15, 2025. |
F3 | 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. |
F4 | 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. |