Filing Details

Accession Number:
0001144204-10-000048
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-01-04 12:00:00
Reporting Period:
2009-12-31
Filing Date:
2010-01-04
Accepted Time:
2010-01-04 09:17:07
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1130385 Foster Wheeler Ag FWLT Heavy Construction Other Than Bldg Const - Contractors (1600) 223802649
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1337976 Peter Ganz C/O Foster Wheeler Ag
Perryville Corporate Park
Clinton NJ 08809-4000
Exec Vp, General Counsel & Sec No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Registered Shares Acquisiton 2009-12-31 4,944 $0.00 14,067 No 4 M Direct
Common Registered Shares Acquisiton 2009-12-31 3,664 $0.00 17,731 No 4 M Direct
Common Registered Shares Acquisiton 2009-12-31 21,093 $0.00 38,824 No 4 M Direct
Common Registered Shares Acquisiton 2009-12-31 11,326 $0.00 50,150 No 4 M Direct
Common Registered Shares Disposition 2009-12-31 19,408 $29.80 30,742 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Registered Shares Restricted Stock Units (Right to Acquire) Disposition 2009-12-31 11,326 $0.00 11,326 $0.00
Common Registered Shares Restricted Stock Units (Right to Acquire) Disposition 2009-12-31 3,664 $0.00 3,664 $0.00
Common Registered Shares Restricted Stock Units (Right to Acquire) Disposition 2009-12-31 21,093 $0.00 21,093 $0.00
Common Registered Shares Restricted Stock Units (Right to Acquire) Disposition 2009-12-31 4,944 $0.00 4,944 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2010-12-31 2012-12-31 No 4 M Direct
0 2008-12-31 2010-12-31 No 4 M Direct
0 2009-12-31 2011-12-31 No 4 M Direct
0 2007-12-31 2009-12-31 No 4 M Direct
Footnotes
  1. The sales reported in this Form 4 were effected pursuant to Rule 10b5-1 trading plan adopted by the reporting person on March 11, 2009.
  2. This weighted average price reflects trades in multiple transactions ranging from $29.72 per share to $30.0677 per share, inclusive. Full information regarding the number of shares sold at each separate price within the range noted above will be provided upon request to the SEC staff, the issuer, or any security holder of the issuer.
  3. 1-for-1
  4. Granted pursuant to Foster Wheeler Omnibus Incentive Plan. The terms of the restricted stock units provide that they vest, subject to earlier acceleration of vesting under certain circumstances, as to one-third of the shares on December 31, 2010, one-third of the shares on December 31, 2011, and the remaining one-third of the shares on December 31, 2012. Due to Mr. Ganz separation from the Company, effective December 31, 2009, vesting of all of these shares accelerated in accordance with his employment and equity agreement and were fully vested as of December 31, 2009. Upon vesting, common registered shares will be issued on a one-for-one basis.
  5. Not applicable
  6. Granted pursuant to Foster Wheeler Omnibus Incentive Plan. The terms of the restricted stock units provide that they vest, subject to earlier acceleration of vesting under certain circumstances, as to one-third of the shares on December 31, 2008, one-third of the shares on December 31, 2009, and the remaining one-third of the shares on December 31, 2010. Due to Mr. Ganz separation from the Company, effective December 31, 2009, vesting of all of these shares accelerated in accordance with his employment and equity agreement and were fully vested as of December 31, 2009. Upon vesting, common registered shares will be issued on a one-for-one basis.
  7. Granted pursuant to Foster Wheeler Omnibus Incentive Plan. The terms of the restricted stock units provide that they vest, subject to earlier acceleration of vesting under certain circumstances, as to one-third of the shares on December 31, 2009, one-third of the shares on December 31, 2010, and the remaining one-third of the shares on December 31, 2011. Due to Mr. Ganz separation from the Company, effective December 31, 2009, vesting of all of these shares accelerated in accordance with his employment and equity agreement and were fully vested as of December 31, 2009. Upon vesting, common registered shares will be issued on a one-for-one basis.
  8. Granted pursuant to Foster Wheeler Omnibus Incentive Plan. The terms of the restricted stock units provide that they vest, subject to earlier acceleration of vesting under certain circumstances, as to one-third of the shares on December 31, 2007, one-third of the shares on December 31, 2008, and the remaining one-third of the shares on December 31, 2009. Due to Mr. Ganz separation from the Company, effective December 31, 2009, vesting of all of these shares accelerated in accordance with his employment and equity agreement and were fully vested as of December 31, 2009. Upon vesting, common registered shares will be issued on a one-for-one basis.