0000352825-24-000088.txt : 20240409 0000352825-24-000088.hdr.sgml : 20240409 20240409143251 ACCESSION NUMBER: 0000352825-24-000088 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240405 FILED AS OF DATE: 20240409 DATE AS OF CHANGE: 20240409 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Kelly Brian H CENTRAL INDEX KEY: 0001375886 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-10436 FILM NUMBER: 24832188 MAIL ADDRESS: STREET 1: 415 HOLIDAY DRIVE CITY: PITTSBURGH STATE: PA ZIP: 15220 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: FOSTER L B CO CENTRAL INDEX KEY: 0000352825 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-METALS SERVICE CENTERS & OFFICES [5051] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 251324733 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 415 HOLIDAY DR CITY: PITTSBURGH STATE: PA ZIP: 15220 BUSINESS PHONE: 4129283431 MAIL ADDRESS: STREET 1: 415 HOLIDAY DR CITY: PITTSBURGH STATE: PA ZIP: 15220 4 1 wk-form4_1712687560.xml FORM 4 X0508 4 2024-04-05 0 0000352825 FOSTER L B CO FSTR 0001375886 Kelly Brian H L.B. FOSTER COMPANY 415 HOLIDAY DRIVE, SUITE 100 PITTSBURGH PA 15220 0 1 0 0 EVP HR & Administration 0 Common Stock 2024-04-05 4 M 0 1666 0 A 71579 D Common Stock 2024-04-05 4 F 0 707 27.17 D 70872 D Common Stock 531 I L.B. Foster Company 401(k) Plan Shares Performance Stock Units 2026-02-28 Common Stock 3333 3333 D Performance Stock Units 2024-04-05 4 M 0 1666 27.17 D 2026-02-28 Common Stock 1666 1667 D This amount represents fifty percent of the Performance-based stock unit award granted on 03/31/21 and earned on 04/05/24. Includes 5,327 Performance Restricted Stock Units earned under the 2022-2024 Long Term Incentive Plan granted on 02/17/2022; those 5,327 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. Includes 8,522 Performance Restricted Stock Units earned under the 2023-2025 Long Term Incentive Plan granted on 2/14/2023; those 8,522 Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2025, upon certification by the Compensation Committee. Performance-based stock unit award which expires on 02/28/26, 5 years after the grant date. Fifty percent of the award, or 1,666 shares, may be earned when the consecutive 30 day average closing stock price per share of the Company's common stock on the Nasdaq Stock Market is $25.00 per share or more and is generally subject to continued employment with the Company until the third anniversary of the grant date. The remaining 50% of the award, or 1,667 shares, may be earned when the consecutive 30 day average closing stock price per share of the Company's common stock on the Nasdaq Stock Market is $30.00 per share or more and is generally subject to continued employment with the Company until the third anniversary of the grant date. If either or both of these measures are achieved after the third anniversary of the grant date, the shares will be issued upon attainment of such stock price goals and if the grantee is employed by the Company on the date of attainment of such goals. This amount represents fifty percent of the Performance-based stock unit award granted on 03/31/21 and earned on 04/05/24. The remaining fifty percent of the same award may be earned until 02/28/26, the award's expiration date. /s/ Brian H. Kelly by Judith Balog, attorney-in-fact 2024-04-09