SHAW GROUP INC 4
4 · SHAW GROUP INC · Filed Feb 1, 2007
Insider Transaction Report
Form 4
GRIGSBY L LANE
Director
Transactions
- Award
Common Stock (phantom shares)
2007-01-30+1,109→ 26,206 total - Award
Non-Employee Director Stock Option (Right to Buy)
2007-01-30+1,109→ 1,109 totalExercise: $33.83From: 2008-01-30Exp: 2017-01-30→ Common Stock (1,109 underlying)
Footnotes (2)
- [F1]Phantom shares and Stock Options automatically awarded to each non-employee director pursuant to the Company's 2005 Non-Employee Director Stock Incentive Plan ("2005 Director Plan") upon their election/re-election to the Company's Board of Directors. This award of phantom shares is made with an effective grant date of January 30, 2007. The phantom shares vest one year after the effective date of grant.
- [F2]Stock options automatically awarded to each non-employee director pursuant to the Company's 2005 Non-Employee Director Stock Incentive Plan ("2005 Director Plan") upon their election/re-election to the Company's Board of Directors. This award of options is made with an effective grant date of January 30, 2007. The stock options are fully exercisable one year after the effective date of grant.