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Primoris Services Corp — Director's Dealing 2021
Aug 17, 2021
30796_dirs_2021-08-17_852d43e3-8e8c-4c8d-9fcf-4350b39a65ef.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: 2021-08-13
Reporting Person: Perisich John M. (Chief Legal Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-08-13 | Common Stock | M | 14431 | — | Acquired | 157211 | Indirect |
| 2021-08-13 | Common Stock | F | 4957 | $26.45 | Disposed | 152254 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-08-13 | Restricted Stock Units | $ | M | 14431 | Disposed | Common Stock (14431) | 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. On August 13, 2021, the restricted stock units vested and were settled for an equal number of shares of PRIM common stock.
F2: Withholding of common stock to satisfy reporting person's tax obligation upon the settlement of vested restricted stock units.
F3: 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 Chief Legal Officer of Primoris.