Primoris Services Corp — Director's Dealing 2022

Mar 2, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Primoris Services Corp (PRIM)
CIK: 0001361538
Period of Report: 2022-02-28

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-02-28	Common Stock	M	2497	—	Acquired	154751	Indirect
2022-02-28	Common Stock	F	858	$26.37	Disposed	153893	Indirect
2022-03-01	Common Stock	M	3681	—	Acquired	157574	Indirect
2022-03-01	Common Stock	F	1264	$23.12	Disposed	156310	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-02-28	Restricted Stock Units	$	M	2497	Disposed		Common Stock (2497)	Direct
2022-03-01	Restricted Stock Units	$	M	3681	Disposed		Common Stock (3681)	Direct
2022-03-01	Restricted Stock Units	$	A	9759	Acquired		Common Stock (9759)	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 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: 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.

F6: 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.