Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | NWPX | Common Stock | 19.1K | Apr 8, 2023 | Direct |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NWPX | Restricted Stock | Award | +3.21K | +137.91% | 5.54K | Apr 8, 2023 | Common Stock | 3.21K | Direct | F1, F3 | |||
transaction | NWPX | Performance Shares | Award | +9.64K | +137.81% | 16.6K | Apr 8, 2023 | Common Stock | 9.64K | Direct | F2, F4 |
Id | Content |
---|---|
F1 | Each Restricted Stock Unit represents a contingent right to receive one share of Northwest Pipe Company common stock. |
F2 | 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. |
F3 | The Restricted Stock Units vest in installments as follows: 1/3 on January 16, 2024, 1/3 on January 15, 2025 and 1/3 on January 15, 2026. |
F4 | 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. |