Primoris Services Corp — Director's Dealing 2021

Mar 2, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Primoris Services Corp (PRIM)
CIK: 0001361538
Period of Report: 2021-02-28

Reporting Person: Perisich John M. (Chief Legal Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-28	Common Stock	M	2495	—	Acquired	143653	Indirect
2021-02-28	Common Stock	F	873	$33.47	Disposed	142780	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-28	Restricted Stock Units	$	M	2495	Disposed		Common Stock (2495)	Direct
2021-03-01	Restricted Stock Units	$	A	11044	Acquired		Common Stock (11044)	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, death, 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 ratable over three years from the date of grant.

F5: 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.