FLUOR CORP 4

4 · FLUOR CORP · Filed May 9, 2007

Form 4

Period: 2007-05-07

Director

Transactions

Exercise/Conversion
Common Stock
2007-05-07+540→ 10,421 total
Disposition to Issuer
Common Stock
2007-05-07$98.75/sh−540$53,325→ 9,881 total
Exercise/Conversion
Restricted units (phantom stock units)
[F1][F2]
2007-05-07−110→ 0 total
→ Common Stock (110 underlying)
Exercise/Conversion
Restricted units (phantom stock units)
[F1][F3]
2007-05-07−110→ 110 total
→ Common Stock (110 underlying)
Exercise/Conversion
Restricted units (phantom stock units)
[F1][F4]
2007-05-07−146→ 292 total
→ Common Stock (146 underlying)
Exercise/Conversion
Restricted units (phantom stock units)
[F1][F5]
2007-05-07−110→ 330 total
→ Common Stock (110 underlying)
Exercise/Conversion
Restricted units (phantom stock units)
[F1][F6]
2007-05-07−64→ 256 total
→ Common Stock (64 underlying)
Award
Phantom stock units
[F7][F8]
2007-05-07$98.75/sh−25.317$2,500→ 9,339.038 total
→ Common Stock (25.317 underlying)

Footnotes (8)

[F1]Each restricted unit represents a contingent right to receive the cash value of one share of Fluor common stock.
[F2]The restricted stock units vest in five equal annual installments beginning on May 7, 2003.
[F3]The restricted stock units vest in five equal annual installments beginning on May 7, 2004.
[F4]The restricted stock units vest in five equal annual installments beginning on May 7, 2005.
[F5]The restricted stock units vest in five equal annual installments beginning on May 7, 2006.
[F6]The restricted stock units vest in five equal annual installments beginning on May 7, 2007.
[F7]Phantom stock issuable on a one-to-one basis.
[F8]These phantom units were acquired under the Fluor Corporation Deferred Directors' Fees Program and are to be settled in cash upon the reporting person's termination of service as a director, death or disability in a single lump sum payment or annual installment payments over a period of two to twenty years. Units are immediately exercisable because they may be transferred into an alternative investment. However, up to 5.1 shares would be forfeited upon such transfer prior to January 1, 2012.

Signature

/s/ Eric P. Helm by Power of Attorney|2007-05-09

Documents

1 file