4//SEC Filing
Guinee Patrick J. 4
Accession 0000352825-24-000084
CIK 0000352825other
Filed
Apr 8, 8:00 PM ET
Accepted
Apr 9, 2:26 PM ET
Size
11.5 KB
Accession
0000352825-24-000084
Insider Transaction Report
Form 4
FOSTER L B COFSTR
Guinee Patrick J.
VP General Counsel & Secretary
Transactions
- Tax Payment
Common Stock
2024-04-05$27.17/sh−714$19,399→ 65,681 total - Exercise/Conversion
Performance Stock Units
2024-04-05$27.17/sh−1,666$45,265→ 1,667 totalExp: 2026-02-28→ Common Stock (1,666 underlying) - Exercise/Conversion
Common Stock
2024-04-05+1,666→ 66,395 total
Holdings
- 3,333
Performance Stock Units
Exp: 2026-02-28→ Common Stock (3,333 underlying)
Footnotes (5)
- [F1]This amount represents fifty percent of the Performance-based stock unit award granted on 03/31/21 and earned on 04/05/24.
- [F2]Includes 5,859 Performance Restricted Stock Units earned under the 2022-2024 Long Term Incentive Plan granted on 02/17/2022; those 5,859 Performance Restricted Stock Units will settle at the end of the 2022-2024 performance period on December 31, 2024 upon certification by the Compensation Committee.
- [F3]Includes 8,522 Performance Restricted Stock Units earned under the 2023-2025 Long Term Incentive Plan granted on 2/14/2023; those 8,522 Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2025, upon certification by the Compensation Committee.
- [F4]Performance-based stock unit award which expires on 02/28/26, 5 years after the grant date. Fifty percent of the award, or 1,666 shares, may be earned when the consecutive 30 day average closing stock price per share of the Company's common stock on the Nasdaq Stock Market is $25.00 per share or more and is generally subject to continued employment with the Company until the third anniversary of the grant date. The remaining 50% of the award, or 1,667 shares, may be earned when the consecutive 30 day average closing stock price per share of the Company's common stock on the Nasdaq Stock Market is $30.00 per share or more and is generally subject to continued employment with the Company until the third anniversary of the grant date. If either or both of these measures are achieved after the third anniversary of the grant date, the shares will be issued upon attainment of such stock price goals and if the grantee is employed by the Company on the date of attainment of such goals.
- [F5]This amount represents fifty percent of the Performance-based stock unit award granted on 03/31/21 and earned on 04/05/24. The remaining fifty percent of the same award may be earned until 02/28/26, the award's expiration date.
Documents
Issuer
FOSTER L B CO
CIK 0000352825
Entity typeother
Related Parties
1- filerCIK 0001600919
Filing Metadata
- Form type
- 4
- Filed
- Apr 8, 8:00 PM ET
- Accepted
- Apr 9, 2:26 PM ET
- Size
- 11.5 KB