4//SEC Filing
GRIGSBY L LANE 4
Accession 0001209191-05-004604
CIK 0000914024other
Filed
Jan 24, 7:00 PM ET
Accepted
Jan 25, 2:24 PM ET
Size
6.9 KB
Accession
0001209191-05-004604
Insider Transaction Report
Form 4
GRIGSBY L LANE
Director
Transactions
- Award
Non-Employee Stock Option Plan (Right to Buy)
2005-01-24+1,500→ 1,500 totalExercise: $16.11Exp: 2015-01-24→ Common Stock (1,500 underlying)
Footnotes (2)
- [F1]A stock option (the "Annual Option") automatically awarded to each non-employee director pursuant to the Company's existing 1996 Non-Employee Director Stock Option Plan upon re-election to the Board of Directors, effective as of the Company's 2005 Annual Meeting of the Shareholders held on January 24, 2005. Subject to subsequent approval by the Company's shareholders at the 2006 Annual Meeting of the Shareholders, and to applicable laws and regulations (including securities exchange listing standards), the Annual Option shall be superceded and replaced with an award of $75,000, payable 50% in options and 50% in restricted shares of the Company's common stock, to be awarded under a new plan for non-employee directors. The number of such options and restricted shares awarded shall be determined by dividing $75,000 by the closing price of the Company's common stock on January 24, 2005 ($16.11), and then dividing said value 50% into options and 50% into restricted shares.
- [F2]The Annual Option shall be exerciseable on the date of the Company's 2006 Annual Meeting of the Shareholders, if the Company's sharesholders do not approve a new plan for non-employee directors of the Company.
Documents
Issuer
SHAW GROUP INC
CIK 0000914024
Entity typeother
Related Parties
1- filerCIK 0001064344
Filing Metadata
- Form type
- 4
- Filed
- Jan 24, 7:00 PM ET
- Accepted
- Jan 25, 2:24 PM ET
- Size
- 6.9 KB