TUTOR PERINI CORP — Director's Dealing 2004

Dec 20, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PERINI CORP (PCR)
CIK: 0000077543
Period of Report: 2004-12-17

Reporting Person: MARASHLIAN ZOHRAB B (President, Perini Civil)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-12-17	Common Stock	M	11600	$4.50	Acquired	11600	Direct
2004-12-17	Common Stock	S	10000	$16.60	Disposed	1600	Direct
2004-12-17	Common Stock	S	1600	$16.62	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-12-17	Employee Stock Option (right to buy)	$4.50	M	11600	Disposed	2010-05-24	Common Stock (11600)	Direct

Footnotes

F1: Granted an option to purchase 400,000 shares of Common Stock at an exercise price of $4.50 per share; 33.33% of such shares
vested on 3/2000; an additional 33.34% vested on 3/2001 and an additional 33.33% vested on 3/2002.