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Primoris Services Corp — Director's Dealing 2011
Mar 17, 2011
30796_dirs_2011-03-17_144b2e84-7d5e-4658-9389-8620a0d06fd0.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: Perisich Family Trust dated July 11, 2007 (See remarks)
Reporting Person: Perisich John M. (Sr. VP & General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-03-10 | Common Stock | P | 5507 | $6.81 | Acquired | 135919 | Direct |
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: These shares are owned directly by the Perisich Family Trust dated July 11, 2007 and indirectly by John M. Perisich, as trustee of the trust.