CHERRY BERNARD H 4
4 · FOSTER WHEELER LTD · Filed Jan 17, 2006
Insider Transaction Report
Form 4
CHERRY BERNARD H
Pres & CEO FW N. America Corp
Transactions
- Exercise/Conversion
Employee Stock Option (Right to buy)
2006-01-17−65,151→ 280,302 totalExercise: $9.38From: 2005-12-31Exp: 2007-10-05→ Common Shares (65,151 underlying) - Exercise/Conversion
Common Shares
2006-01-17$9.38/sh+65,151$610,986→ 262,252.8 total - Sale
Common Shares
2006-01-17$41.34/sh−65,151$2,693,173→ 197,101.8 total
Footnotes (2)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 17, 2005.
- [F2]Options granted pursuant to Foster Wheeler Ltd. 2004 Stock Option Plan. Options became exercisable as to one-third of the shares on December 31, 2005, and as to the remaining two-thirds of such shares on December 31, 2006.