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FOSTER L B CO — Director's Dealing 2024
Feb 15, 2024
33376_dirs_2024-02-15_abd33cb7-75bc-470c-a669-7c5688e8b289.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: FOSTER L B CO (FSTR)
CIK: 0000352825
Period of Report: 2024-02-13
Reporting Person: KASEL JOHN F (Director, President & Chief Exec Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-13 | Common Stock | A | 3803 | — | Acquired | 123164 | Direct |
| 2024-02-13 | Common Stock | F | 1828 | $23.76 | Disposed | 121336 | Direct |
| 2024-02-13 | Common Stock | A | 7748 | — | Acquired | 129084 | Direct |
| 2024-02-13 | Common Stock | A | 31245 | — | Acquired | 160329 | Direct |
| 2024-02-14 | Common Stock | F | 5375 | $24 | Disposed | 154954 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 11408 | Indirect |
Footnotes
F1: Represents shares of common stock resulting from performance share units which were contingent rights to receive shares of common stock based on the Issuer's performance against certain pre-established financial metrics for the 2021-2023 performance period.
F2: Includes 5,035 Performance Restricted Stock Units earned under the 2022-2024 Long Term Incentive Plan granted on 02/17/2022; those 5,035 Performance Restricted Stock Units will settle at the end of the 2022-2024 performance period on December 31, 2024, upon certification by the Compensation Committee.
F3: Represents the number of Performance Restricted Stock Units earned under the 2022-2024 Long Term Incentive Plan granted on 02/17/2022 upon certification of performance results by the Compensation Committee at 96.3% for the annual period ended December 31, 2023. The earned Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2024, upon certification by the Compensation Committee.
F4: Represents the number of Performance Restricted Stock Units earned under the 2023-2025 Long Term Incentive Plan granted on 02/14/2023 upon certification of performance results by the Compensation Committee at 187.0% for the annual period ended December 31, 2023. The earned Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2025, upon certification by the Compensation Committee.
F5: Shares withheld to pay taxes applicable to the vesting of restricted stock related to the 2023-2025 LTIP awarded on 02/14/23.