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Primoris Services Corp Director's Dealing 2021

Mar 2, 2021

30796_dirs_2021-03-02_d437df03-2e28-49fd-8bc0-d5949b818dcc.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: 2020-02-28

Reporting Person: STRICKER TRAVIS L (Chief Accounting Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-02-28 Common Stock M 978 Acquired 2402 Direct
2021-02-28 Common Stock F 238 $33.47 Disposed 2164 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-02-28 Restricted Stock Units $ M 978 Disposed Common Stock (978) Direct
2021-03-01 Restricted Stock Units $ A 4246 Acquired Common Stock (4246) 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 in three equal annual installments on each of the first through third anniversaries of the grant date, subject to accelerated vesting upon the reporting person's termination without cause, disability, or a change in control of the Company.

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

F4: The restricted stock units vest ratably over three years from the date of grant.