Primoris Services Corp — Director's Dealing 2023

Jul 3, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Primoris Services Corp (PRIM)
CIK: 0001361538
Period of Report: 2023-03-01

Reporting Person: McCormick Thomas Edward (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-06-29	Common Stock	M	8481	—	Acquired	95159	Direct
2023-06-29	Common Stock	F	3338	$30.60	Disposed	91821	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-03-01	Restricted Stock Units	$	A	19364	Acquired		Common Stock (19364)	Direct
2023-06-29	Restricted Stock Units	$	M	8481	Disposed		Common Stock (8481)	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 June 29, 2023, the restricted stock units vested and were settled for an equal number of shares of PRIM common stock.

F2: Witholding 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 on share of PRIM common stock or the cash value thereof on the date of settlement, in the Company's discretion.

F4: The restricted stock units vest 25% on March 1, 2024, 25% on March 1, 2025, and 50% on March 1, 2026.