Michael Wray - 16 Jun 2022 Form 4 Insider Report for NORTHWEST PIPE CO (NWPX)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
21 Jun 2022, 13:19:12 UTC
Prior SEC filing
14 Apr 2022
Next SEC filing
18 Jan 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Michael Wray

Key filing fact

Michael Wray filed Form 4 for NORTHWEST PIPE CO (NWPX) on 21 Jun 2022.

Key facts

  • This page summarizes Michael Wray's Form 4 filing for NORTHWEST PIPE CO (NWPX).
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 21 Jun 2022, 13:19.

Change

  • Previous filing in this sequence was filed on 14 Apr 2022.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

NWPX holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
6,162
Date
16 Jun 2022
Ownership
Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

NWPX transaction Derivative

Restricted Stock

Award

Transaction value
Shares
+2,161
Change %
+230%
Price
Shares after
3,099
Date
16 Jun 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,161
Exercise price
Footnotes
F1, F2
NWPX transaction Derivative

Performance Shares

Award

Transaction value
Shares
+6,483
Change %
+230%
Price
Shares after
9,298
Date
16 Jun 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
6,483
Exercise price
Footnotes
F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Each Restricted Stock Unit represents a contingent right to receive one share of Northwest Pipe Company common stock.

Footnote 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.

Footnote 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.

Footnote 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.

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