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Primoris Services Corp — Director's Dealing 2022
Mar 2, 2022
30796_dirs_2022-03-02_5cf49a0e-ca62-4156-a979-f4b6423e18e1.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: 2022-02-28
Reporting Person: Moreno John F JR (Chief Operating Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-02-28 | Common Stock | M | 1915 | — | Acquired | 3363 | Direct |
| 2022-02-28 | Common Stock | F | 466 | $26.37 | Disposed | 2897 | Direct |
| 2022-03-01 | Common Stock | M | 3932 | — | Acquired | 6829 | Direct |
| 2022-03-01 | Common Stock | F | 957 | $23.12 | Disposed | 5872 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-02-28 | Restricted Stock Units | $ | M | 1915 | Disposed | Common Stock (1915) | Direct | |
| 2022-03-01 | Restricted Stock Units | $ | M | 3932 | Disposed | Common Stock (3932) | Direct | |
| 2022-03-01 | Restricted Stock Units | $ | A | 10332 | Acquired | Common Stock (10332) | 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 Feb. 28, 2022, the restricted stock units vested and were settled for an equal
F2: Withholding of common stock to satisfy reporting person's tax obligation upon the settlement of vested restricted stock units.
F3: 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 Mar. 1, 2022, the restricted stock units vested and were settled for an equal number of shares of PRIM common stock.
F4: 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.
F5: The restricted stock units vest ratable over three years from the date of grant.