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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.