0001567619-21-005346.txt : 20210302 0001567619-21-005346.hdr.sgml : 20210302 20210302160536 ACCESSION NUMBER: 0001567619-21-005346 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210226 FILED AS OF DATE: 20210302 DATE AS OF CHANGE: 20210302 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: LIPPARD GREGORY W CENTRAL INDEX KEY: 0001215503 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-10436 FILM NUMBER: 21703530 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: FOSTER L B CO CENTRAL INDEX KEY: 0000352825 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-METALS SERVICE CENTERS & OFFICES [5051] 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 doc1.xml FORM 4 X0306 4 2021-02-26 0 0000352825 FOSTER L B CO FSTR 0001215503 LIPPARD GREGORY W L.B. FOSTER COMPANY 415 HOLIDAY DRIVE PITTSBURGH PA 15220 0 1 0 0 SVP -Rail Common Stock 2021-02-26 4 A 0 4200 0.00 A 36586 D Common Stock 1531 I L.B. Foster Company 401(k) Plan Shares Performance Stock Units 2021-03-01 4 A 0 3333 0.00 A 2026-02-28 Common Stock 3333 3333 D Award of time vested restricted stock, which will vest in 33-1/3% increments on each of the first, second, and third anniversaries of the date of the grant. 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. /s/ Gregory W. Lippard by Heidi Loeffert, attorney-in-fact 2021-03-02