X0303 4 2010-10-01 0 0000914024 SHAW GROUP INC SHAW 0001420003 Kershaw Michael J. 4171 ESSEN LANE BATON ROUGE LA 70809 0 1 0 0 See Below Common Stock 2010-10-01 4 F 0 266 34.37 D 4691 D Employee Stock Option (Right to Buy) 59.36 2008-10-01 2017-10-01 Common Stock 5792 5792 D Employee Stock Option (Right to Buy) 67.19 2009-01-01 2017-12-17 Common Stock 2494 2494 D Employee Stock Option (Right to Buy) 17.89 2010-01-01 2018-10-31 Common Stock 8447 8447 D Employee Stock Option (Right to Buy) 27.79 2011-01-01 2019-10-29 Common Stock 5019 5019 D Restricted Stock Units 0.00 Common Stock 672 672 D Restricted Stock Units 0.00 Common Stock 3861 3861 D Restricted Stock Units 0.00 Common Stock 5464 5464 D Restricted Stock Units 0.00 Common Stock 3030 3030 D On October 1, 2010, reporting person returned shares to the Issuer for the purpose of paying withholding taxes due upon the vesting of shares of restricted stock previously awarded. The options vest in four (4) equal annual installments beginning on the date indicated in this column. Each restricted stock unit represents a contingent right to receive, at Issuer's discretion, either one share of the Issuer's no par value common stock or receive a cash payment equal to the fair market value per share of the Issuer's stock on the vesting date multiplied by the number of restricted stock units which become vested on the vesting date. The restricted stock units vest in four (4) equal annual installments beginning on January 1, 2009. The restricted stock units do not have an expiration date. The restricted stock units vest in four (4) equal annual installments beginning on January 1, 2010. The restricted stock units vest in three (3) equal annual installments beginning on January 1, 2010. The restricted stock units vest in four (4) equal annual installments beginning January 1, 2011. /s/ Michael J. Kershaw, pursuant to a Power of Attorney previously filed. 2010-10-05