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FLUOR CORP Director's Dealing 2010

Feb 26, 2010

30831_dirs_2010-02-26_7700d00f-573a-48f6-b537-e2fca45fe8f7.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FLUOR CORP (FLR)
CIK: 0001124198
Period of Report: 2010-02-05

Reporting Person: Watson Peter S (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-02-05 Common Stock M 1710 $0.00 Acquired 7933 Direct
2010-02-05 Common Stock D 1710 $43.06 Disposed 6223 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-02-05 Restricted stock units $ M 220 Disposed Common Stock (220) Direct
2010-02-05 Restricted stock units $ M 256 Disposed Common Stock (256) Direct
2010-02-05 Restricted stock units $ M 372 Disposed Common Stock (372) Direct
2010-02-05 Restricted stock units $ M 862 Disposed 2010-05-07 Common Stock (862) Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive the cash value of one share of Fluor common stock.

F2: The restricted stock units vest in five equal annual installments beginning on May 7, 2006. However, vesting was accelerated upon the early retirement of Mr. Watson.

F3: The restricted stock units vest in five equal annual installments beginning on May 7, 2007. However, vesting was accelerated upon the early retirement of Mr. Watson.

F4: The restricted stock units vest in five equal annual installments beginning on May 7, 2008. However, vesting was accelerated upon the early retirement of Mr. Watson.