Aron R. English - 17 May 2023 Form 4 Insider Report for FOSTER L B CO (FSTR)

Role
10%+ Owner
Signature
/s/ Aron R. English
Issuer symbol
FSTR
Transactions as of
17 May 2023
Net transactions value
+$345,028
Form type
4
Filing time
19 May 2023, 16:46:55 UTC
Previous filing
04 Apr 2023
Next filing
02 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FSTR Common Stock Purchase $238,953 +22,202 +1.7% $10.76 1,303,648 17 May 2023 By: 22NW Fund, LP F1, F2, F3
transaction FSTR Common Stock Purchase $106,075 +9,473 +0.73% $11.20 1,313,121 18 May 2023 By: 22NW Fund, LP F1, F3, F4
holding FSTR Common Stock 905 17 May 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Form 4 is filed jointly by 22NW Fund, LP ("22NW Fund"), 22NW, LP ("22NW"), 22NW Fund GP, LLC ("22NW GP"), 22NW GP, Inc. ("22NW Inc.") and Aron R. English (collectively, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's outstanding shares of Common Stock. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein.
F2 Represents a weighted average price. These Shares were purchased in multiple transactions at prices ranging from $10.7150 to $11.0000. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares purchased at each separate price within the range set forth in this footnote.
F3 Securities owned directly by 22NW Fund. As the investment manager to 22NW Fund, 22NW may be deemed to beneficially own the securities owned directly by 22NW Fund. As the general partner of 22NW Fund, 22NW GP may be deemed to beneficially own the securities owned directly by 22NW Fund. As the general partner of 22NW, 22NW Inc. may be deemed to beneficially own the securities owned directly by 22NW Fund. Mr. English, as the Portfolio Manager of 22NW, Manager of 22NW GP and President and sole shareholder of 22NW Inc., may be deemed to beneficially own the securities owned directly by 22NW Fund.
F4 Represents a weighted average price. These Shares were purchased in multiple transactions at prices ranging from $10.8750 to $11.2450. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares purchased at each separate price within the range set forth in this footnote