FLUOR CORP 4
4 · FLUOR CORP · Filed Nov 5, 2007
Insider Transaction Report
Form 4
FLUOR CORPFLR
RENWICK ROBIN W
Director
Transactions
- Award
Phantom stock units
2007-11-02$149.26/sh+104.683$15,625→ 6,421.217 total→ Common Stock (104.683 underlying)
Footnotes (2)
- [F1]Phantom stock issuable on a one-to-one basis.
- [F2]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 21 shares would be forfeited upon such transfer prior to January 1, 2012.