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Primoris Services Corp — Director's Dealing 2017
Mar 9, 2017
30796_dirs_2017-03-09_492dfd48-9ada-4c6c-8542-3490f74658d5.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: Perisich John M. (Executive VP & General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-03-07 | Common Stock | A | 3326 | $17.54 | Acquired | 142801 | Indirect |
Footnotes
F1: 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 Executive Vice President, General Counsel of Primoris.
F2: 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.