FLUOR CORP — Director's Dealing 2011

Jan 11, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FLUOR CORP (FLR)
CIK: 0001124198
Period of Report: 2011-01-11

Reporting Person: STEUERT D MICHAEL (Senior V.P. & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-01-11	Common Stock	M	24640	$42.105	Acquired	108595	Direct
2011-01-11	Common Stock	S	24640	$68.00	Disposed	83955	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-01-11	Employee stock option (right to buy)	$42.105	M	24640	Disposed	2016-02-05	Common Stock (24640)	Direct

Footnotes

F1: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 12/8/10.

F2: The option vests in five equal annual installments beginning on 2/5/07.