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Primoris Services Corp — Director's Dealing 2016
Mar 11, 2016
30796_dirs_2016-03-11_9e34ad6c-53d4-41eb-b9c7-b58f78021f2d.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: 2016-03-10
Reporting Person: MOERBEEK PETER J (Director, Exec. VP, CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-03-10 | Common Stock | A | 3334 | $16.75 | Acquired | 42120 | 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. Purchase made through payroll deductions in March 2016, share certificates received on March 10, 2016. Purchases were made at a 25% reduction to the average closing price during December 2015. Shares cannot be sold for 6 months.