Smith Eli 4
4 · SHAW GROUP INC · Filed Feb 15, 2013
Insider Transaction Report
Form 4
SHAW GROUP INCSHAW
Smith Eli
President, COO, Power Group
Transactions
- Disposition to Issuer
Employee Stock Options
2013-02-13−1,868→ 0 totalExercise: $29.00Exp: 2019-06-01→ Common Stock (1,868 underlying) - Disposition to Issuer
Employee Stock Options
2013-02-13−9,477→ 0 totalExercise: $30.56Exp: 2020-10-29→ Common Stock (9,477 underlying) - Disposition to Issuer
Restricted Stock Units
2013-02-13−11,426→ 0 total→ Common Stock (11,426 underlying) - Disposition to Issuer
Restricted Stock Units
2013-02-13−13,661→ 0 total→ Common Stock (13,661 underlying) - Disposition to Issuer
Employee Stock Options
2013-02-13−1,373→ 0 totalExercise: $27.79Exp: 2019-10-29→ Common Stock (1,373 underlying)
Footnotes (5)
- [F1]Pursuant to the Transaction Agreement (the "Transaction Agreement"), dated as of July 30, 2012, by and among The Shaw Group Inc. ("Shaw"), Chicago Bridge & Iron Company N.V. ("CB&I"), and Crystal Acquisition Subsidiary Inc. ("Merger Subsidiary"), Merger Subsidiary merged with and into Shaw (the "Merger"), with Shaw surviving the Merger as a wholly owned subsidiary of CB&I. This option, which provided for vesting in four equal installments beginning on June 1, 2010, was assumed by CB&I in the Merger and replaced with an option to purchase 1,710 shares of CB&I common stock for $31.68 per share, subject to the same vesting schedule.
- [F2]This option, which provided for vesting in four equal installments beginning on January 1, 2011, was assumed by CB&I in the Merger and replaced with an option to purchase 1,257 shares of CB&I common stock for $30.36 per share, subject to the same vesting schedule.
- [F3]This option, which provided for vesting in four equal installments beginning on January 1, 2012, was assumed by CB&I in the Merger and replaced with an option to purchase 8,675 shares of CB&I common stock for $33.38 per share, subject to the same vesting schedule.
- [F4]Pursuant to the Transaction Agreement, at the effective time of the Merger, each restricted stock unit that is a stock-settled share unit was converted into the right to receive the Merger Consideration, less applicable tax withholdings.
- [F5]Pursuant to the Transaction Agreement, at the effective time of the Merger, each restricted stock unit that was granted after July 30, 2012 was converted into restricted stock units with respect to CB&I common stock.