Primoris Services Corp — Director's Dealing 2020

Jul 2, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Primoris Services Corp (PRIM)
CIK: 0001361538
Period of Report: 2020-06-30

Reporting Person: King David Lee (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-07-01	Common Stock	M	50763	—	Acquired	60591	Direct
2020-07-01	Common Stock	F	19975	$17.71	Disposed	40616	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-06-30	Restricted Stock Units	$	A	171	Acquired		Common Stock (171)	Direct
2020-07-01	Restricted Stock Unit	$	M	50763	Disposed		Common Stock (50763)	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 vested in two equal installments on September 24, 2015 and March 24, 2017. Vested restricted stock units settled in stock on July 1, 2020.

F3: Withholding of common stock to satisfy reporting person's tax obligation upon the settlement of vested restricted stock units.

F4: Represents dividend equivalent units in the form of restricted stock units with respect to vested restricted stock units. Vested restricted stock units settled in stock on July 1, 2020.