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Primoris Services Corp — Director's Dealing 2011
Mar 17, 2011
30796_dirs_2011-03-17_9bd25845-3615-421b-81d3-6e87265455bf.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Primoris Services Corp (PRIM)
CIK: 0001361538
Period of Report: 2011-03-10
Reporting Person: MOERBEEK PETER J (Director, Exec. VP, CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-03-10 | Common Stock | P | 7342 | $6.81 | Acquired | 22342 | Indirect |
Footnotes
F1: Purchased Common Stock shares as part of the Company's Long-Term Retention Plan. The Plan provides certain management employees the opportunity to purchase Company stock with a defined portion of their annual incentive compensation at a discount to the market price. For 2011, purchases were made at a 25% reduction to the average closing price during January 2011. Shares cannot be sold prior to October 25, 2011.
F2: Shares of Common Stock held by Moerbeek family trust U/A dated 03/03/1999, a revocable trust, of which Mr. Moerbeek is trustee and beneficiary.