FORM 4
OMB APPROVAL
OMB Number 3235-0287
Expires: April 30, 1997
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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Check this box if no longer
subject to Section 16. Form 4
or Form 5 obligations may
Filed pursuant to Section 16(a)of the Securities Exchange Act of 1934,
Section 17(a)of the Public Utility continue. See Instruction 1(b).
Holding Company Act of 1935 or Section 30(f) of the Investment
Company Act of 1940
1.Name and Address of 2. Issuer Name and Ticker or Trading Symbol
Reporting Person THE SHAW GROUP INC. (SGR)
BERNHARD, JR. J. M.
(Last) (First) (Middle)
8545 UNITED PLAZA BOULEVARD
(Street)
BATON ROUGE LOUISIANA 70809
----------------------------------------------
(City) (State) (Zip)
3. IRS or Social Security 4. Statement for Month/Year
Number of Reporting 07/00
Person (Voluntary)
5. If Amendment, Date of Original
(Month/Year)
6. Relationship of Reporting Person to Issue
(Month/Year)
(Check all applicable)
X Director 10% Owner
X Officer Other (specify below)
(give title below)
PRESIDENT & CEO
<TABLE>
Table I -on-Derivative Securities Acquired, Disposed of, or Beneficially Owned
<CAPTION>
1. Title 2.Trans- 3.Trans- 4.Securities 5. Amount 6.Owner- 7. Nature of
of Date action Acquired (A) of Secu- ship Indirect
(Instr.3) (Month/ Code or Disposed rities Form: Beneficial
Day/ (Instr. posed of Benefi- Direct Ownership
Year) 8) of (D) ficially (D) or
Owned at In-
End of direct
(A)
or
Code V Amount(D) Price (Instr.3
and 4 (Instr.4) (Instr.4)
---- - ------ -- ------- --------- --------- ---------
<S> <C> <C> <C> <C> <C> <C>
===============================================================================
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly. (Over)
(Print or Type Responses) SEC 1474 (8-92)
</TABLE>
Page 1
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<TABLE>
FORM 4 (continued) Table II -- Derivative
Securities Acquired, Disposed of or
Beneficially Owned (e.g., puts, calls,
warrants, options, convertible
securities)
<CAPTION>
1. Title of 2. Conver- 3. Trans- 4.Trans- 5. Number of
Deriv- sion or action action Derivative
ative Exercise Date Code Securities
Security Price of (Instr.8) acquired (A)
(Instr. 3) Deriv- (Month/ or Disposed
ative Day/Year) of (D)
Security (Instr. 3,4
and 5)
Code V (A) (D)
------------------ ----------- ---------- ------------ ------------
<S> <C> <C> <C> <C> <C>
Call Option 49.1946 7/27/00 J(1) 1
(Obligation to Sell)
Put Opton 36.7429 7/27/00 P 1
(Right to Sell)
</TABLE>
Page 2
<PAGE>
<TABLE>
FORM 4 (continued) Table II -- Derivative
Securities Acquired, Disposed of or
Beneficially Owned (e.g., puts, calls,
warrants, options, convertible
securities)
<CAPTION>
6. Date Exercisable 7.Title and 8. Price 9.Number 10.Owner- 11. Na-
and Expiration Amount of of of Deriv- ship ture
Date Underlying Deriv- ative Form of In-
Securities ative Secur- of De- direct
(Month/Day/ (Instr. 3 Security ities rivative Bene-
Year) and 4) Bene- Secu- ficial
(Instr. ficially rity: Own-
Date Expira- Amount 5) Owned Direct ership
Exer- tion Title or Number at End (D) or
cisable Date of Shares of Indi- (Instr.4)
Month rect (I)
(Instr.4)
(Instr.4)
================== ===================== ========== ======== ======= ==========
<S> <C> <C> <C> <C> <C> <C>
7/27/01 7/27/01 Common Stock 500,000 400,000 1 D
7/27/01 7/27/01 Common Stock 500,000 4000,000 1 D
</TABLE>
Explanation of Responses:
(1) The reporting person entered into a "zero cost collar" arrangement pursuant
to which he wrote a covered cal option and purchase a put option. Only one of
the options can be in the money on the expiration date, at which time the
in-the-money option will be exercised (and settled for cash), and the other
option will expire. If neither option is in-the-money on the expiration date
both options will expire.
/s/ J.M. Bernhard, Jr. 8/09/00
** Signature of Reporting Person Date
** Intentional misstatements or omissions of facts constitute Federal
Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedure.
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