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Primoris Services Corp — Director's Dealing 2017
Mar 9, 2017
30796_dirs_2017-03-09_5a8566af-b686-4417-8db2-67941cd0b243.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: 2017-03-07
Reporting Person: King David Lee (Director, Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-03-07 | Common Stock | A | 6242 | $17.54 | Acquired | 15319 | 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 2017, share certificates received on March 7, 2017. Purchases were made at a 25% reduction to the average closing price during January 2017. Shares cannot be sold for 6 months.