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^*

DEMETRIOU STEVEN J.

(Last)

(First)

(Middle)

C/O ALERIS INTERNATIONAL, INC.

25825 SCIENCE PARK DRIVE, SUITE 400

(Street)

BEACHWOOD

44122-7392

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
FOSTER WHEELER AG [ FWLT ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
03/08/2012

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 Registered Shares	03/08/2012		M		1,639	A	$0	6,156	D
Common Registered Shares	03/08/2012		S⁽¹⁾		233	D	$23.165⁽²⁾	5,923	D
Common Registered Shares	03/08/2012		S⁽³⁾		103	D	$23.165⁽²⁾	5,820	D

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)
Restricted Stock Units (Right to Acquire)	⁽⁴⁾	03/08/2012		A		3,010		03/08/2013⁽⁵⁾	03/08/2013⁽⁵⁾	Common Registered Shares	3,010	⁽⁶⁾	3,010	D
Restricted Stock Units (Right to Acquire)	⁽⁴⁾	03/08/2012		M			1,639	03/08/2012⁽⁷⁾	03/08/2012⁽⁷⁾	Common Registered Shares	1,639	⁽⁶⁾	0	D
Stock Option (Right to Buy)	$23.25	03/08/2012		A		6,802		03/08/2013⁽⁸⁾	03/08/2019⁽⁸⁾	Common Registered Shares	6,802	⁽⁶⁾	6,802	D

Explanation of Responses:

1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 25, 2011.

2. This weighted average price reflects trades in transactions ranging from $23.1625 per share to $23.166 per share, inclusive. Full information regarding the number of shares sold at each separate price within the range noted above will be provided upon request to the SEC staff, the issuer, or any security holder of the issuer.

3. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 28, 2012.

4. 1-for-1

5. Granted pursuant to Foster Wheeler AG Omnibus Incentive Plan. The restricted stock units vest as to 100% of the shares on March 8, 2013. Upon vesting, registered shares will be issued on a one-for-one basis.

6. Not applicable

7. Granted pursuant to Foster Wheeler AG Omnibus Incentive Plan. The restricted stock units vest as to 100% of the shares on March 8, 2012. Upon vesting, registered shares will be issued on a one-for-one basis.

8. Granted pursuant to Foster Wheeler AG Omnibus Incentive Plan. Options vest as to 100% of shares on March 8, 2013.

	/s/ John A. Doyle, Jr., by power of atty	03/12/2012
	** 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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