FLUOR CORP — Director's Dealing 2011

Jan 13, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FLUOR CORP (FLR)
CIK: 0001124198
Period of Report: 2011-01-12

Reporting Person: HERNANDEZ CARLOS M (Chief Legal Officer/Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-01-12	Common Stock	M	7515	$30.46	Acquired	34148	Direct
2011-01-12	Common Stock	S	7515	$70.00	Disposed	26633	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-01-12	Employee stock option (right to buy)	$30.46	M	7515	Disposed	2019-03-06	Common Stock (7515)	Direct

Footnotes

F1: The sales reported on this Form 4 were effected pursuant to a trading plan adopted on 12/7/10 that is intended to comply with Rule 10b5-1(c).

F2: The option vests in three equal annual installments beginning on 3/6/10.