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Kelly Brian H – ‘4’ for 4/5/24 re: L.B. Foster Co.

On:  Tuesday, 4/9/24, at 2:32pm ET   ·   For:  4/5/24   ·   As:  Officer   ·   Accession #:  352825-24-88   ·   File #:  0-10436

Previous ‘4’:  ‘4’ on 2/27/24 for 2/26/24   ·   Latest ‘4’:  This Filing

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 4/09/24  Kelly Brian H                     4          Officer     1:10K  L.B. Foster Co.                   L.B. Foster Co.

Statement of Changes in Beneficial Ownership of Securities by an Insider   —   Form 4   —   SEA’34

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 4           Statement of Changes in Beneficial Ownership of     HTML     10K 
                Securities by an Insider --                                      
                wk-form4_1712687560.xml/5.8


        

This ‘4’ Document is an XML Data File that may be rendered in various formats:

  Form 4    –   Plain Text   –  SEC Website  –  EDGAR System  –    XML Data    –  <?xml?> File
 
 
SEC Info℠ rendering:  Statement of Changes in Beneficial Ownership of Securities by an Insider — wk-form4_1712687560.xml/5.8
 

The SEC has not released XSLT Stylesheets needed to render this File’s XML Data as a Form.

This is our “Plain Text” rendering:
 
                                                                                                                                                                                
Ownership Document
 
Schema Version:  X0508
Document Type:  4
Period of Report:  4/5/24
Not Subject to Section 16:  0
Issuer:
Issuer CIK:  352825
Issuer Name:  FOSTER L B CO
Issuer Trading Symbol:  FSTR
Reporting Owner:
Reporting Owner ID:
Owner CIK:  1375886
Owner Name:  Kelly Brian H
Reporting Owner Address:
Owner Street 1:  L.B. FOSTER COMPANY
Owner Street 2:  415 HOLIDAY DRIVE, SUITE 100
Owner City:  PITTSBURGH
Owner State:  PA
Owner ZIP Code:  15220
Owner State Description:
Reporting Owner Relationship:
Is Director?  No
Is Officer?  Yes
Is Ten Percent Owner?  No
Is Other?  No
Officer Title:  EVP HR & Administration
Other Text:
Aff 10b5 One:  0
Non-Derivative Table:
Non-Derivative Transaction:
Security Title:
Value:  Common Stock
Transaction Date:
Value:  4/5/24
Transaction Coding:
Transaction Form Type:  4
Transaction Code:  M
Equity Swap Involved?  No
Transaction Amounts:
Transaction Shares:
Value:  1,666
Footnote ID:  F1
Transaction Price Per Share:
Value:  0
Transaction Acquired-Disposed Code:
Value:  A
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  71,579
Footnote ID:  F2
Footnote ID:  F3
Ownership Nature:
Direct or Indirect Ownership:
Value:  D
Non-Derivative Transaction:
Security Title:
Value:  Common Stock
Transaction Date:
Value:  4/5/24
Transaction Coding:
Transaction Form Type:  4
Transaction Code:  F
Equity Swap Involved?  No
Transaction Amounts:
Transaction Shares:
Value:  707
Transaction Price Per Share:
Value:  27.17
Transaction Acquired-Disposed Code:
Value:  D
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  70,872
Footnote ID:  F2
Footnote ID:  F3
Ownership Nature:
Direct or Indirect Ownership:
Value:  D
Non-Derivative Holding:
Security Title:
Value:  Common Stock
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  531
Ownership Nature:
Direct or Indirect Ownership:
Value:  I
Nature of Ownership:
Value:  L.B. Foster Company 401(k) Plan Shares
Derivative Table:
Derivative Holding:
Security Title:
Value:  Performance Stock Units
Conversion or Exercise Price:
Footnote ID:  F4
Exercise Date:
Footnote ID:  F4
Expiration Date:
Value:  2/28/26
Underlying Security:
Underlying Security Title:
Value:  Common Stock
Underlying Security Shares:
Value:  3,333
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  3,333
Ownership Nature:
Direct or Indirect Ownership:
Value:  D
Derivative Transaction:
Security Title:
Value:  Performance Stock Units
Conversion or Exercise Price:
Footnote ID:  F4
Transaction Date:
Value:  4/5/24
Transaction Coding:
Transaction Form Type:  4
Transaction Code:  M
Equity Swap Involved?  No
Transaction Amounts:
Transaction Shares:
Value:  1,666
Footnote ID:  F5
Transaction Price Per Share:
Value:  27.17
Transaction Acquired-Disposed Code:
Value:  D
Exercise Date:
Footnote ID:  F4
Expiration Date:
Value:  2/28/26
Underlying Security:
Underlying Security Title:
Value:  Common Stock
Underlying Security Shares:
Value:  1,666
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  1,667
Ownership Nature:
Direct or Indirect Ownership:
Value:  D
Footnotes:
Footnote - F1:  This amount represents fifty percent of the Performance-based stock unit award granted on 3/31/21 and earned on 4/5/24.
Footnote - F2:  Includes 5,327 Performance Restricted Stock Units earned under the 2022-2024 Long Term Incentive Plan granted on 2/17/22; 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.
Footnote - F3:  Includes 8,522 Performance Restricted Stock Units earned under the 2023-2025 Long Term Incentive Plan granted on 2/14/23; 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.
Footnote - F4:  Performance-based stock unit award which expires on 2/28/26, 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.
Footnote - F5:  This amount represents fifty percent of the Performance-based stock unit award granted on 3/31/21 and earned on 4/5/24. The remaining fifty percent of the same award may be earned until 2/28/26, the award's expiration date.
Remarks:
Owner Signature:
Signature Name:  /s/ Brian H. Kelly by Judith Balog, attorney-in-fact
Signature Date:  4/9/24


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