Shelette M Gustafson Form 3 CH2M HILL COMPANIES / Shelette M Gustafson ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Gustafson Shelette M

(Last) (First) (Middle)

9191 SOUTH JAMAICA STREET

(Street)

ENGLEWOOD CO 80112

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
02/11/2016

3. Issuer Name and Ticker or Trading Symbol
CH2M HILL COMPANIES LTD [ NONE ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Chief Human Resources Officer

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	5,829.935	D
Common Stock	2,496.899	I	By DCP Trust
Common Stock	3,749.596	I	By 401(k) plan

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)	(1)	05/11/2017	Common Stock	1,000	53.39	D
Stock Option (Right to Buy)	(2)	05/17/2018	Common Stock	1,200	58.4	D
Stock Option (Right to Buy)	(3)	05/06/2019	Common Stock	1,200	64.83	D
Stock Option (Right to Buy)	(4)	05/15/2020	Common Stock	1,000	51.14	D

Explanation of Responses:

1. Stock options are fully vested.

2. Stock options vested 25% on May 17, 2014, 25% on May 17, 2015 and will vest 50% on May 17, 2016.

3. Stock options vested 25% on May 16, 2015 and will vest 25% on May 16, 2016 and 50% on May 16, 2017.

4. Stock options will vest 25% on May 15, 2016, 25% on May 15, 2017 and 50% on May 15, 2018.

Remarks:

	Christine Grawemeyer - Attorney-in-Fact for Shelette M. Gustafson	02/19/2016
	** Signature of Reporting Person	Date
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 5 (b)(v).
** 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 is insufficient, see Instruction 6 for procedure.
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