SULTAN NADER HAMAD 4
4 · FLUOR CORP · Filed Jan 3, 2019
Insider Transaction Report
Form 4
FLUOR CORPFLR
SULTAN NADER HAMAD
Director
Transactions
- Discretionary Transaction
Phantom Stock Units
2018-12-31$32.20/sh−4,023.298$129,550→ 4,226.6 total→ Common Stock (4,023.298 underlying)
Footnotes (2)
- [F1]Each phantom stock unit is the economic equivalent of one share of Fluor common stock.
- [F2]These phantom units were acquired under the Fluor Corporation 409A Director Deferred Compensation Program (the "Program") and were settled in cash pursuant to the reporting person's distribution election under the Program. Distributions are made, at the election of the reporting person, either (i) in the distribution year specified by the reporting person or (ii) 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 ten years. Prior to distribution, the reporting person may transfer the phantom stock units into an alternative investment at any time.