- Statement of Changes in Beneficial Ownership (4)
January 04 2011 - 7:24AM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue.
See
Instruction 1(b).
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0287
Expires:
February 28, 2011
Estimated average burden
hours per response...
0.5
|
|
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
|
|
1. Name and Address of Reporting Person
*
DESMARIS THIERRY
|
2. Issuer Name
and
Ticker or Trading Symbol
FOSTER WHEELER AG
[
FWLT
]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director
_____ 10% Owner
__
X
__ Officer (give title below)
_____ Other (specify below)
VP, Corporate Development
|
(Last)
(First)
(Middle)
C/O FOSTER WHEELER AG, MAILING: PERRYVILLE CORPORATE PARK
|
3. Date of Earliest Transaction
(MM/DD/YYYY)
12/31/2010
|
(Street)
CLINTON, NJ 08809-4000
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
_
X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
|
1.Title of Security
(Instr. 3)
|
2. Trans. Date
|
2A. Deemed Execution Date, if any
|
3. Trans. Code
(Instr. 8)
|
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
|
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
|
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
|
7. Nature of Indirect Beneficial Ownership (Instr. 4)
|
Code
|
V
|
Amount
|
(A) or (D)
|
Price
|
Common Registered Shares
|
12/31/2010
|
|
M
|
|
464.00
|
A
|
$0
|
1922.00
|
D
|
|
Common Registered Shares
|
12/31/2010
|
|
M
|
|
1318.00
|
A
|
$0
|
3240.00
|
D
|
|
Common Registered Shares
|
12/31/2010
|
|
M
|
|
860.00
|
A
|
$0
|
4100.00
|
D
|
|
Common Registered Shares
|
12/31/2010
|
|
S
(1)
|
|
1204
|
D
|
$34.1343
(2)
|
2896
|
D
|
|
Table II - Derivative Securities Beneficially Owned (
e.g.
, puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security
(Instr. 3)
|
2. Conversion or Exercise Price of Derivative Security
|
3. Trans. Date
|
3A. Deemed Execution Date, if any
|
4. Trans. Code
(Instr. 8)
|
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
|
6. Date Exercisable and Expiration Date
|
7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
|
8. Price of Derivative Security
(Instr. 5)
|
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)
|
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)
|
11. Nature of Indirect Beneficial Ownership (Instr. 4)
|
Code
|
V
|
(A)
|
(D)
|
Date Exercisable
|
Expiration Date
|
Title
|
Amount or Number of Shares
|
Restricted Stock Units (Right to Acquire)
|
(3)
|
12/31/2010
|
|
M
|
|
|
860.00
|
12/31/2010
(4)
|
12/31/2012
(4)
|
Common Registered Shares
|
860.00
|
(5)
|
1721.00
|
D
|
|
Restricted Stock Units (Right to Acquire)
|
(3)
|
12/31/2010
|
|
M
|
|
|
464.00
|
12/31/2008
(6)
|
12/31/2010
(6)
|
Common Registered Shares
|
464.00
|
(5)
|
0
|
D
|
|
Restricted Stock Units (Right to Acquire)
|
(3)
|
12/31/2010
|
|
M
|
|
|
1318.00
|
12/31/2009
(7)
|
12/31/2011
(7)
|
Common Registered Shares
|
1318.00
|
(5)
|
1318.00
|
D
|
|
Explanation of Responses:
|
(
1)
|
1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on
November 9, 2010.
|
(
2)
|
This weighted average price reflects trades in multiple transactions ranging from $34.06 per share to $34.27 per share,
inclusive. Full information regarding the number of shares sold at each separate price within the range noted above will be
provided upon request to the SEC staff, the issuer, or any security holder of the issuer.
|
(
3)
|
1-for-1
|
(
4)
|
Granted pursuant to Foster Wheeler AG Omnibus Incentive Plan. The restricted stock units vest as to one-third of the shares
on December 31, 2010, one-third of the shares on December 31, 2011 and the remaining one-third of the shares on December 31,
2012. Upon vesting, shares will be issued on a one-for-one basis.
|
(
5)
|
Not applicable
|
(
6)
|
Granted pursuant to Foster Wheeler Omnibus Incentive Plan. The restricted stock units vest as to one-third of the shares on
December 31, 2008, one-third of the shares on December 31, 2009 and the remaining one-third of the shares on December 31,
2010. Upon vesting, shares will be issued on a one-for-one basis.
|
(
7)
|
Granted pursuant to Foster Wheeler Omnibus Incentive Plan. The restricted stock units vest as to one-third of the shares on
December 31, 2009, one-third of the shares on December 31, 2010 and the remaining one-third of the shares on December 31,
2011. Upon vesting, shares will be issued on a one-for-one basis.
|
Reporting Owners
|
Reporting Owner Name / Address
|
Relationships
|
Director
|
10% Owner
|
Officer
|
Other
|
DESMARIS THIERRY
C/O FOSTER WHEELER AG
MAILING: PERRYVILLE CORPORATE PARK
CLINTON, NJ 08809-4000
|
|
|
VP, Corporate Development
|
|
Signatures
|
/s/ John A. Doyle, Jr., by power of Atty.
|
|
1/4/2011
|
**
Signature of Reporting Person
|
Date
|
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
|
*
|
If the form is filed by more than one reporting person,
see
Instruction 4(b)(v).
|
**
|
Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See
18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
|
Note:
|
File three copies of this Form, one of which must be manually signed. If space is insufficient,
see
Instruction 6 for procedure.
|
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
|
Foster Wheeler (NASDAQ:FWLT)
Historical Stock Chart
From Aug 2024 to Sep 2024
Foster Wheeler (NASDAQ:FWLT)
Historical Stock Chart
From Sep 2023 to Sep 2024