SEC Form 4 · accession 0001209191-15-010480
FLUOR CORP · FLR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary G. Smalley
Officer — Sr Vice Pres and Controller
Period of report
Feb 4, 2015
Accepted (ET)
Feb 6, 2015 · 6:00 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001124198
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 5, 2015 | F | 123 | $55.72 | D | 10,266 | D | |
| Common StockF2 | holding | — | — | — | 3,028 | I | By 401K Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance RightsF3,F4 | — | Feb 4, 2015 | A | 4,926 | A | — | — | Common Stock | 4,926 | 4,926 | D |
Explanation of responses
- F1Pursuant to the Issuer's Amended and Restated 2008 Executive Performance Incentive Plan and the terms of the related award agreement, each time shares of restricted stock vest, a portion of the shares are automatically withheld by the Issuer to satisfy the resulting tax withholding obligation. In connection with the vesting of 374 shares of restricted stock held by the Reporting Person on 02/05/2015, the Issuer has withheld 123 shares of common stock to satisfy the resulting tax withholding obligation. The withholding of these shares occurred automatically upon the vesting of the restricted stock, and as such, no investment decision was made by the Reporting Person in connection with this transfer.
- F2Holdings are based on the most recent statement which is dated 12/31/14.
- F3Each performance right represents a contingent right to receive one share (or the cash value of one share) of Fluor common stock.
- F4These performance rights vest on February 6, 2017.