GRIMES KIRK D 4
4 · FLUOR CORP · Filed Mar 8, 2012
Insider Transaction Report
Form 4
FLUOR CORPFLR
GRIMES KIRK D
Group Executive
Transactions
- Tax Payment
Common Stock
2012-03-06$58.35/sh−2,769$161,571→ 32,831 total
Footnotes (1)
- [F1]Pursuant to the Issuer's 2003 and 2008 Executive Performance Incentive Plans and the terms of the related award agreements, each time shares of restricted stock vest or shares of common stock are issued upon the vesting of restricted stock units, a portion of the shares are automatically withheld by the Issuer to satisfy the resulting tax withholding obligation. In connection with the vesting of 1,044 shares of restricted stock and 7,521 restricted stock units held by the Reporting Person on 3/6/12, the Issuer has withheld 2,769 shares of common stock to satisfy the resulting tax withholding obligation. The withholding of these shares occurred automatically upon the vesting of the restricted stock and restricted stock units, and as such, no investment decision was made by the Reporting Person in connection with this transfer.