FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Bosch Wayne
2. Issuer Name and Ticker or Trading Symbol

Perma-Pipe International Holdings, Inc. [ PPIH ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Vice President, CHRO
(Last)          (First)          (Middle)

41 PORTSHIRE DRIVE
3. Date of Earliest Transaction (MM/DD/YYYY)

6/20/2019
(Street)

LINCOLNSHIRE, IL 60069
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   6/14/2019     M    4119   A $9.18   27063   D    
Common Stock   6/22/2019     M    2091   A $9.08   29154   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 7. Title and Amount of Securities Underlying Derivative Security
(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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Shares     (1) 6/14/2019     M         4119      (2)   (2) Restricted Shares   4119   $9.18   (3) 12743   D    
Restricted Shares     (1) 6/22/2019     M         2091      (5)   (5) Restricted Shares   2091   $9.08   (3) 10652   D    
Restricted Shares     (1) 6/14/2019     F         1682      (2)   (2) Restricted Shares   1682   $9.18   (4) 8970   D    
Restricted Shares     (1) 6/22/2019     F         867      (5)   (5) Restricted Shares   867   $9.08   (4) 8103   D    
Restricted Shares     (1) 6/20/2019     M      8560         (6)   (6) Restricted Shares   8560   $0   16663   D    

Explanation of Responses:
(1)  Each restricted stock represents a contingent right to receive one share of the issuer's common stock
(2)  Restricted shares vested on 6/14/2019
(3)  Restricted shares reported as disposed herein were settled for shares of the issuers stock
(4)  The shares of common stock underlying the restricted stock reported as disposed herein were retained (but not issued) by the issuer in satisfaction of tax withholding obligations associated with the vesting of restricted stock
(5)  Restricted shares vested on 6/22/19
(6)  Vesting schedule: 1/3 of the grant will vest at each anniversary of the grant date, over the next three years

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Bosch Wayne
41 PORTSHIRE DRIVE
LINCOLNSHIRE, IL 60069


Vice President, CHRO

Signatures
/s/ Wayne Bosch 6/27/2019
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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.
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