4//SEC Filing
THALMAN WILLIAM M 4
Accession 0000352825-24-000092
CIK 0000352825other
Filed
Apr 8, 8:00 PM ET
Accepted
Apr 9, 2:38 PM ET
Size
11.5 KB
Accession
0000352825-24-000092
Insider Transaction Report
Form 4
FOSTER L B COFSTR
THALMAN WILLIAM M
EVP & CFO
Transactions
- Exercise/Conversion
Common Stock
2024-04-05+1,666→ 50,858 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) - Tax Payment
Common Stock
2024-04-05$27.17/sh−715$19,427→ 50,143 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 6,392 Performance Restricted Stock Units earned under the 2022-2024 Long Term Incentive Plan granted on 02/17/2022; those 6,392 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 9,942 Performance Restricted Stock Units earned under the 2023-2025 Long Term Incentive Plan granted on 2/14/2023; those 9,942 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
IncorporatedPA
Related Parties
1- filerCIK 0001104808
Filing Metadata
- Form type
- 4
- Filed
- Apr 8, 8:00 PM ET
- Accepted
- Apr 9, 2:38 PM ET
- Size
- 11.5 KB