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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Units | (6) | 01/01/2014 | M | 4,016 | (7) | (7) | Common Stock | 4,016 | (6) | 1,781 | D | ||||
Restricted Stock Units | (6) | 01/01/2014 | M | 890 | (8) | (8) | Common Stock | 890 | (6) | 891 | D | ||||
Performance Shares | (9) | 01/01/2014 | M | 8,030 | (9) | (9) | Common Stock | 11,884 | (9) | 8,013 | D | ||||
Performance Shares | (10) | 01/01/2014 | M | 2,671 | (10) | (10) | Common Stock | 2,003 | (10) | 5,342 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
ROMAN RICHARD A 5721 SE COLUMBIA WAY SUITE 200 VANCOUVER, WA 98661 |
X | Exec Chairman of the Board |
Richard A. Roman | 01/17/2014 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Represents shares acquired pursuant to vesting of Restricted Stock Units granted in 2011. |
(2) | Represents shares acquired pursuant to vesting of Restricted Stock Units granted in 2012. |
(3) | Represents shares acquired pursuant to vesting of Performance Shares granted in 2011. |
(4) | Represents shares acquired pursuant to vesting of Performance Shares granted in 2012. |
(5) | Represents shares withheld by the issuer for payment of taxes incurred upon vesting event consistent with company policy. |
(6) | Each Restricted Stock Unit represents a contingent right to receive one share of Northwest Pipe Company common stock. |
(7) | The Restricted Stock Units vest in installments as follows: 2/3 on January 1, 2013 and 1/3 on January 1, 2014. |
(8) | The Restricted Stock Units vest in installments as follows: 1/3 on January 1, 2013, 1/3 on January 1, 2014 and 1/3 on January 1, 2015. |
(9) | The Performance Shares vest on January 1, 2014 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 shareholder return for 2011-2013 relative to the total shareholder return of a peer group over the same period. |
(10) | The Performance Shares vest on January 1, 2014 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 shareholder return for 2012-2013 relative to the total shareholder return of a peer group over the same period. |