FOSTER WHEELER LTD 4
4 · FOSTER WHEELER LTD · Filed Jan 5, 2009
Insider Transaction Report
Form 4
Wardlaw David
VP-Project Risk Management Grp
Transactions
- Exercise/Conversion
Common Shares
2008-12-31+1,082→ 1,718 total - Sale
Common Shares
2008-12-31$23.98/sh−384$9,208→ 1,798 total - Sale
Common Shares
2008-12-31$23.99/sh−144$3,455→ 1,654 total - Exercise/Conversion
Common Shares
2008-12-31+464→ 2,182 total - Sale
Common Shares
2008-12-31$24.03/sh−111$2,667→ 1,543 total - Exercise/Conversion
Restricted Stock Units (Right to Acquire)
2008-12-31−464→ 928 totalFrom: 2008-12-31Exp: 2010-12-31→ Common Shares (464 underlying) - Exercise/Conversion
Restricted Stock Units (Right to Acquire)
2008-12-31−1,082→ 1,082 totalFrom: 2007-12-31Exp: 2009-12-31→ Common Shares (1,082 underlying)
Footnotes (8)
- [F1]Effective January 22, 2008, the common shares of Foster Wheeler Ltd. split 2-for-1, resulting in an increase in the balance of the reporting person's ownership position by 318 common shares respectively.
- [F2]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 21, 2008.
- [F3]1-for-1
- [F4]Granted pursuant to Foster Wheeler Ltd. Omnibus Incentive Plan. The restricted units vested as to one-third of the shares on December 31, 2008, one-third of the shares on December 31, 2009, and the remaining one-third of the shares on December 31, 2010. Upon vesting, common shares will be issued on a one-for-one basis.
- [F5]Not applicable.
- [F6]These restricted stock units, with the same vesting provisions, were reported as covering 696 restricted stock units, were adjusted by an additional 696 restricted stock units to reflect the 2-for-1 stock split that occurred effective January 22, 2008.
- [F7]Granted pursuant to Foster Wheeler Ltd. Omnibus Incentive Plan. The restricted stock units vest as to one-third of the shares on December 31, 2007, one-third of the shares on December 31, 2008, and one-third of the shares on December 31, 2009. Upon vesting, common shares will be issued on a one-for-one basis.
- [F8]These restricted stock units, with the same vesting provisions, were previously reported as covering 1,082 restricted stock units, were adjusted by an additional 1,082 restricted stock units to reflect the 2-for-1 stock split that occurred effective January 22, 2008.