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Primoris Services Corp — Director's Dealing 2020
Aug 12, 2020
30796_dirs_2020-08-12_d909f628-564a-4cd8-9e30-103088bc9a17.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: Primoris Services Corp (PRIM)
CIK: 0001361538
Period of Report: 2020-07-31
Reporting Person: King David Lee (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-07-31 | Common Stock | A | 1298 | — | Acquired | 41914 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Unit | $ | Common Stock (14115) | 14115 | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of PRIM common stock or the cash value thereof on the date of settlement, in the Company's discretion.
F2: The restricted stock units vest six months from the date of grant.
F3: The non-employee director compensation program adopted by the Board in May 2011 and updated February 2020, provides for the issuance of restricted stock with a value of $22,444. The price per share was based on the average closing price during June 2020, resulting in a grant of 1,298 shares of stock. The shares of stock cannot be sold for a period of twelve months from the date of grant.
F4: Correction to reflect the acquisition of securities, not the disposal of securities.