GRIMES KIRK D 4
4 · FLUOR CORP · Filed Mar 8, 2013
Insider Transaction Report
Form 4
FLUOR CORPFLR
GRIMES KIRK D
Group Executive
Transactions
- Tax Payment
Common Stock
2013-03-06$62.75/sh−1,748$109,687→ 36,684 total
Footnotes (1)
- [F1]Pursuant to the Issuer's 2008 Executive Performance Incentive Plan and the terms of the related award agreement, each time 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 6,386 shares of restricted stock units held by the Reporting Person on 3/6/2013, the Issuer has withheld 1,748 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 units, and as such, no investment decision was made by the Reporting Person in connection with this transfer.