Gregory W. Lippard - Feb 13, 2024 Form 4 Insider Report for FOSTER L B CO (FSTR)

Role
SVP -Rail
Signature
/s/ Gregory W. Lippard by Judith Balog, attorney-in-fact
Stock symbol
FSTR
Transactions as of
Feb 13, 2024
Transactions value $
-$54,397
Form type
4
Date filed
2/15/2024, 05:42 PM
Previous filing
Feb 28, 2023
Next filing
Feb 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FSTR Common Stock Award $0 +1.73K +3.59% $0.00 49.8K Feb 13, 2024 Direct F1, F2
transaction FSTR Common Stock Tax liability -$20.1K -846 -1.7% $23.76 49K Feb 13, 2024 Direct
transaction FSTR Common Stock Award $0 +2.58K +5.28% $0.00 51.5K Feb 13, 2024 Direct F3
transaction FSTR Common Stock Award $0 +7.1K +13.78% $0.00 58.6K Feb 13, 2024 Direct F4
transaction FSTR Common Stock Tax liability -$34.3K -1.43K -2.44% $24.00 57.2K Feb 14, 2024 Direct F5
holding FSTR Common Stock 1.53K Feb 13, 2024 L.B. Foster Company 401(k) Plan Shares
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 1,678 Performance Restricted Stock Units earned under the 2022-2024 Long Term Incentive Plan granted on 02/17/2022; those 1,678 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.