John F. Kasel - 14 Feb 2023 Form 4 Insider Report for FOSTER L B CO (FSTR)

Role: President & Chief Exec Officer, Director
Signature: /s/ John F. Kasel by Judith Balog, attorney-in-fact
Issuer symbol: FSTR
Transactions as of: 14 Feb 2023
Transactions value $: $0
Form type: 4
Date filed: 16 Feb 2023, 15:03
Previous filing: 14 Sep 2022
Next filing: 22 Feb 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FSTR	Common Stock	Award	$0	+37.1K	+45.06%	$0.00	120K	14 Feb 2023	Direct	F1
transaction	FSTR	Common Stock	Award	$0	+5.04K	+4.21%	$0.00	125K	14 Feb 2023	Direct	F2
holding	FSTR	Common Stock						11.4K	14 Feb 2023	L.B. Foster Company 401(k) Plan Shares

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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.
F2	Represents the number of Performance Restricted Stock Units earned under the 2022-2024 Long Term Incentive Plan granted on 02/17/2022, upon certification of performance results by the Compensation Committee at 93.9% for the annual period ended December 31, 2022. The earned Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2024, upon certification by the Compensation Committee.

Content

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.

Represents the number of Performance Restricted Stock Units earned under the 2022-2024 Long Term Incentive Plan granted on 02/17/2022, upon certification of performance results by the Compensation Committee at 93.9% for the annual period ended December 31, 2022. The earned Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2024, upon certification by the Compensation Committee.