1
--------------------------- -----------------------------
OMB APPROVAL
FORM 4 U.S. SECURITIES AND EXCHANGE COMMISSION -----------------------------
WASHINGTON, D.C. 20549 OMB Number: 3235-0287
--------------------------- STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Expires: December 31, 2001
CHECK THIS BOX IF NO LONGER Estimated average burden
SUBJECT TO SECTION 16. FORM 4 OR Filed pursuant to Section 16(a) of the Securities hours per response.......0.5
FORM 5 OBLIGATIONS MAY CONTINUE. Exchange Act of 1934, Section 17(a) of the Public Utility -----------------------------
See INSTRUCTION 1 (b). Holding Company Act of 1935 or Section 30(f) of the
Investment Company Act of 1940
(Print or Type Responses)
-----------------------------------------------------------------------------------------------------------------------------------
1. Name and Address of Reporting Person* 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person(s)
Farinvest, Ltd. Chicago Bridge & Iron Company N.V. to Issuer
(NYSE: CBI) (Check all applicable)
------------------------------------------------------------------------------------------ Director X 10% Owner
(Last) (First) (Middle) 3. IRS or Social Security 4. Statement for --- ---
Number of Reporting Month/Year Officer (give Other (specify
Keizer Karelweg 474/1181 Person (Voluntary) February 2001 --- title below) --- below)
--------------------------------------------- -----------------------------------------------------------
(Street) 5. If Amendment, 7. Individual or Joint/Group Filing
Date of --- (Check Applicable line)
RL Anstelveen, The Netherlands Original --- Form filed by One Reporting Person
(Month/Year) X Form filed by More than One
--- Reporting Person
-----------------------------------------------------------------------------------------------------------------------------------
(City) (State) (Zip) TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
-----------------------------------------------------------------------------------------------------------------------------------
1. Title of Security 2. Trans- 3. Trans- 4. Securities 5. Amount of 6. Owner- 7. Nature of
(Instr. 3) action action Acquired (A) Securities ship Indirect
Date Code or Disposed Beneficially Form: Beneficial
(Instr. 8) of (D) Owned at Direct Owner-
Instr. 3, and 5) End of Month (D) or ship
----------------------------------- (Instr. 3 Indirect (Instr. 4)
(Month/ Code V Amount (A)or Price and 4) (1)(Instr.
Day/Year) (D) 4)
-----------------------------------------------------------------------------------------------------------------------------------
Share Capital 2/7/2001 P 837,692(1) A $16.25 837,692 D
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
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).
2
FORM 4 (CONTINUED)
TABLE II - DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
1. Title of Derivative Security 2. Conversion or 3. Transaction 4. Transaction 5. Number of Derivative
(Instr. 3) Exercise Date Code Securities Acquired (A)
Price of (Month/ (Instr. 8) or Disposed of (D)
Derivative Day/Year) (Instr. 3, 4, and 5)
Security
----------------------------------------------
Code V (A) (D)
---------------------------------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------------------
6. Date Exer- 7. Title and Amount of 8. Price of 9. Number of 10. Ownership 11. Nature of
cisable and Underlying Securities Derivative derivative Form of Indirect
Expiration (Instr. 3 and 4) Security Securities Derivative Beneficial
Date (Instr. 5) Beneficially Security: Ownership
(Month/Day/ Owned at Direct(D) or (Instr. 4)
Year) End of Month Indirect(1)
------------------------------------------------------ Instr. 4) (Instr. 4)
Date Expiration Title
Execisable Date
---------------------------------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------------------
Explanation of Responses:
(1) On February 7, 2001, Farinvest, Ltd. ("Farinvest"), a Cayman Islands company, acquired 837,692 shares of common stock
(the "Common Stock"), par value NLG 0.01, of Chicago Bridge & Iron Company, N.V. These shares and 3,515,072 shares of
Common Stock owned by WEDGE Engineering B.V., a Netherlands company, are beneficially owned by Issam M. Fares.
**Intentional misstatements or omissions of facts constitute
Federal Criminal Violations. See 18 U.S.C. 1001 and /s/ Richard E. Blohm, Jr. 3/8/2001
15 U.S.C. 78ff(a). ---------------------------------------------------------- --------
**Signature of Reporting Person Date
Note: File three copies of this Form, one of which must be BY ISSAM M. FARES, ITS MANAGING DIRECTOR
manually signed. If space is insufficient, BY RICHARD E. BLOHM, JR., ATTORNEY- IN-FACT
See Instruction 6 for procedure.
Potential persons who are to respond to the collection of information
contained in this form are not required to respond unless the form displays
a currently valid OMB Number.
3
JOINT FILER INFORMATION
Name: Issam M. Fares
Address: Keizer Karelweg 474/1181
RL Anstelveen, The Netherlands
Designated Filer: Farinvest, Ltd.
Statement for Month/Year: February 2001
Issuer and Ticker Symbol: Chicago Bridge & Iron Company N.V.
(NYSE: CBI)
Title of Security: Share Capital
Amount of Securities
Beneficially Owned at
End of Month: 4,352,674(1)
Ownership Form: Indirect by Farinvest, Ltd.
Signature: ISSAM M. FARES
By: /s/ Richard E. Blohm, Jr.
------------------------------
Name: Richard E. Blohm, Jr.
Title: Attorney-in-Fact