FOSTER L B CO — Director's Dealing 2011

Mar 16, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FOSTER L B CO (FSTR)
CIK: 0000352825
Period of Report: 2011-03-14

Reporting Person: PAPAZOGLOU KONSTANTINOS (V.P.-Friction Management)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-03-14	Common	A	621	—	Acquired	621	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-03-14	Performance Share Units	$	A	1863	Acquired		Common ()	Direct

Footnotes

F1: Not applicable.

F2: Not vested until March 14, 2015.

F3: (0 - 3726 shares). Performance share units will convert into common stock based on Company's performance against financial metric for calendar year 2011-2013, inclusive. Stock awarded shall range from 0-2 for each performance share unit.