SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

CHAPMAN DAVID L SR

(Last)

(First)

(Middle)

4171 ESSEN LANE

(Street)

BATON ROUGE

70809

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
SHAW GROUP INC [ SHAW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	See Remarks

3. Date of Earliest Transaction (Month/Day/Year)
01/08/2013

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	01/08/2013		M		28,964	A	$17.89	48,639	D
Common Stock	01/08/2013		M		18,820	A	$27.79	67,459	D
Common Stock	01/08/2013		M		20,675	A	$30.56	88,134	D
Common Stock	01/08/2013		S		3,200	D	$46.73	84,934	D
Common Stock	01/08/2013		S		700	D	$46.735	84,234	D
Common Stock	01/08/2013		S		27,511	D	$46.74	56,723	D
Common Stock	01/08/2013		S		300	D	$46.7412	56,423	D
Common Stock	01/08/2013		S		2,260	D	$46.745	54,163	D
Common Stock	01/08/2013		S		100	D	$46.7406	54,063	D
Common Stock	01/08/2013		S		100	D	$46.7407	53,963	D
Common Stock	01/08/2013		S		7,000	D	$46.72	46,963	D
Common Stock	01/08/2013		S		400	D	$46.71	46,563	D
Common Stock	01/08/2013		S		4,225	D	$46.76	42,338	D
Common Stock	01/08/2013		S		7,501	D	$46.75	34,837	D
Common Stock	01/08/2013		S		200	D	$46.7475	34,637	D
Common Stock	01/08/2013		S		100	D	$46.7529	34,537	D
Common Stock	01/08/2013		S		103	D	$46.7422	34,434	D
Common Stock	01/08/2013		S		200	D	$46.7416	34,234	D
Common Stock	01/08/2013		S		300	D	$46.7483	33,934	D
Common Stock	01/08/2013		S		100	D	$46.742	33,834	D
Common Stock	01/08/2013		S		10,375	D	$46.77	23,459	D
Common Stock	01/08/2013		S		11,700	D	$46.78	11,759	D
Common Stock	01/08/2013		S		9,059	D	$46.79	2,700	D
Common Stock	01/08/2013		S		2,000	D	$46.8	700	D
Common Stock	01/08/2013		S		200	D	$46.795	500	D
Common Stock	01/08/2013		S		200	D	$46.7909	300	D
Common Stock	01/08/2013		S		300	D	$46.792	0	D
Common Stock								2,482	I	By Spouse

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Employee Stock Option (Right to Buy)	$67.19							01/01/2009⁽¹⁾	12/07/2017	Common Stock	17,265		17,265	D
Employee Stock Option (Right to Buy)	$17.89	01/08/2013		M			28,964	01/01/2010	10/31/2018	Common Stock	28,964	⁽²⁾	0	D
Employee Stock Option (Right to Buy)	$27.79	01/08/2013		M			18,820	01/01/2011	10/29/2019	Common Stock	18,820	⁽³⁾	9,410	D
Employee Stock Option (Right to Buy)	$30.56	01/08/2013		M			20,675	01/01/2012	10/29/2020	Common Stock	20,675	⁽⁴⁾	20,676	D
Restricted Stock Units⁽⁵⁾	$0.00							01/01/2011⁽⁶⁾	⁽⁷⁾	Common Stock	5,682		5,682	D
Restricted Stock Units⁽⁵⁾	$0.00							01/01/2012⁽⁶⁾	⁽⁷⁾	Common Stock	10,334		10,334	D
Restricted Stock Units⁽⁵⁾	$0.00							11/01/2012⁽⁸⁾	⁽⁷⁾	Common Stock	17,204		17,204	D
Restricted Stock Units	$0.00							10/22/2013⁽⁹⁾	⁽⁷⁾	Common Stock	14,276		14,276	D

Explanation of Responses:

1. The options vest in four (4) equal annual installments beginning on the date indicated in this column.

2. The options vest in four (4) equal annual installments beginning on January 1, 2010.

3. The options vest in four (4) equal annual installments beginning on January 1, 2011.

4. The options vest in four (4) equal annual installments beginning on January 1, 2012.

5. Each restricted stock unit represents a contingent right to receive, at the Issuer's discretion, either one share of the Issuer's no par value common stock or a cash payment equal to the fair market value per share of the Issuer's no par value common stock on the vesting date multiplied by the number of restricted stock units that become vested on the vesting date.

6. The restricted stock units (RSUs) vest in four (4) equal annual installments beginning on the date indicated in this column.

7. The restricted stock units have no expiration date.

8. The restricted stock units vest in three (3) annual installments commencing on November 1, 2012, with 33% vesting on November 1, 2012 and November 1, 2013, and 34% vesting on November 1, 2014.

9. The restricted stock units (RSUs) vest in three (3) equal annual installments beginning on the date indicated in this column.

Remarks:

Relationship of Reporting Person(s) to Issuer: President of Fabrication and Manufacturing Group

	/s/ David L. Chapman, Sr., pursuant to a Power of Attorney	01/10/2013
	** 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 4 (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).
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