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Primoris Services Corp — Director's Dealing 2012
Mar 16, 2012
30796_dirs_2012-03-16_0716d35d-177a-4406-9551-7e658b603735.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: 2012-03-15
Reporting Person: Perisich Family Trust dated July 11, 2007 (See remarks - 2)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-03-15 | Common Stock | P | 4509 | $11.09 | Acquired | 140428 | 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 2012, purchases were made at a 25% reduction to the average closing price during December 2011. Shares cannot be sold prior to September 23, 2012.
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. Mr. Perisich is SVP, General Counsel of Primoris.