TUTOR PERINI CORP — Director's Dealing 2004

Dec 10, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PERINI CORP (PCR)
CIK: 0000077543
Period of Report: 2004-12-08

Reporting Person: KLEIN MICHAEL R (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-12-08	Common Stock	G	25000	—	Disposed	0	Direct
2004-12-08	Common Stock	M	100000	$4.50	Acquired	100000	Direct
2004-12-08	Common Stock	M	8000	$3.125	Acquired	108000	Direct
2004-12-08	Common Stock	G	108000	$0.00	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-12-08	Stock Option (right to buy)	$4.50	M	100000	Disposed	2010-11-14	Common Stock (100000)	Direct
2004-12-08	Stock Option (right to buy)	$3.125	M	8000	Disposed	2010-05-24	Common Stock (8000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4150	Indirect
Common Stock	4150	Indirect
Common Stock	60955	Indirect

Footnotes

F1: Shares transferred by reporting person pursuant to gift to an educational institution.

F2: Granted an option to purchase 100,000 shares of Common Stock at an exercise price of $4.50 per share; 33.33% of such shares
vested on 11/2000; an additional 33.34% vested on 11/2001 and an additional 33.33% vested on 11/2002.

F3: Granted an option to purchase 8,000 shares of Common Stock at an exercise price of $3.125 per share; 100% of such shares
vested on 5/2003.