FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 01/04/2013 |
3. Issuer Name and Ticker or Trading Symbol
URS CORP /NEW/ [ URS ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock | 37,000(1) | D |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Performance-Based Restricted Stock Units | (2) | 05/01/2016 | Common Stock | 10,000 | $0.00 | D | |
Performance-Based Restricted Stock Units | (2) | 05/01/2017 | Common Stock | 22,000 | $0.00 | D |
Explanation of Responses: |
1. Reflects unvested shares of stock grants awarded pursuant to the Company's 2008 Equity Incentive Plan. One award of 13,000 shares on May 26, 2010 provides for a final vesting of 3,250 shares on April 1, 2014. One award of 15,000 shares on May 25, 2011 provides for time-based vesting ratably over four years with remaining tranches scheduled to vest on May 1 of 2014 and 2015. Another award of 15,000 shares on May 23, 2012 provides for time-based vesting ratably over four years with remaining tranches scheduled to vest on May 1 of 2014, 2015, and 2016. Another award of 10,000 shares on March 27, 2013 provides for time-based vesting ratably over three years on May 1 of 2014, 2015, and 2016. Another award of 5,000 shares on March 27, 2013 provides for time-based vesting of one-third on May 1, 2014 and two-thirds on May 1, 2015. |
2. The number of shares subject to these awards are 10,000 for a grant on March 27, 2013 and another grant of 22,000 shares on November 19, 2013 (the "target amounts"), subject to performance-based vesting on May 1, of 2016 and 2017 respectively. Vesting is conditioned on the satisfaction of performance conditions related to the Company's net income, return on invested capital, and relative total shareholder return goals. The number of performance-based shares that actually vest can range from 0% to 200% of this target amount. |
Remarks: |
/s/ Charles Szurgot as Attorney-in-Fact for George L. Nash | 01/06/2014 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |