Form 4 for NWPX NWPX Infrastructure, Inc.
Accepted 2023-04-04 00:00:00 ET · period of report 2023-03-31 · accession 0001437749-23-009284 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-04-04 | 2023-03-31 | NWPX | Wilkins Aaron | CFO | F - Tax | $31.23 | -4,576 | 16.1K | -22% | -$142.9K |
| DM | 2023-04-04 | 2023-03-31 | NWPX | Wilkins Aaron | CFO | M - OptEx | — | +9,648 | 18.6K | +108% | — |
| DM | 2023-04-04 | 2023-03-31 | NWPX | Wilkins Aaron | CFO | M - OptEx | — | -6,900 | 6,992 | -50% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-03-31 | F | D | 1,579 | $31.23 | 19,149 | D | — | — | (F2) Represents shares withheld by the issuer for payment of taxes incurred upon vesting event consistent with company policy. |
| 2 | Common | Common Stock | 2023-03-31 | M | A | 3,329 | — | 20,728 | D | — | — | (F1) Represents shares acquired pursuant to the vesting of Performance Shares. |
| 3 | Common | Common Stock | 2023-03-31 | M | A | 3,867 | — | 17,944 | D | — | — | (F1) Represents shares acquired pursuant to the vesting of Performance Shares. |
| 4 | Common | Common Stock | 2023-03-31 | M | A | 2,452 | — | 18,562 | D | — | — | (F1) Represents shares acquired pursuant to the vesting of Performance Shares. |
| 5 | Common | Common Stock | 2023-03-31 | F | D | 1,163 | $31.23 | 17,399 | D | — | — | (F2) Represents shares withheld by the issuer for payment of taxes incurred upon vesting event consistent with company policy. |
| 6 | Common | Common Stock | 2023-03-31 | F | D | 1,834 | $31.23 | 16,110 | D | — | — | (F2) Represents shares withheld by the issuer for payment of taxes incurred upon vesting event consistent with company policy. |
| 7 | Derivative | Performance Shares | 2023-03-31 | M | D | 2,432 | — | 11,460 | D | — · — to — | 3,867 Common Stock | (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 March 31, 2021, 1/3 on March 31, 2022 and 1/3 on March 31, 2023. |
| 8 | Derivative | Performance Shares | 2023-03-31 | M | D | 1,946 | — | 9,514 | D | — · — to — | 2,452 Common Stock | (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. (F5) Performance Shares vest in installments as follows: 1/3 on March 31, 2022, 1/3 on March 31, 2023 and 1/3 on April 1, 2024. |
| 9 | Derivative | Performance Shares | 2023-03-31 | M | D | 2,522 | — | 6,992 | D | — · — to — | 3,329 Common Stock | (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. (F6) 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. |