TUTOR PERINI CORP — Director's Dealing 2004

Dec 8, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PERINI CORP (PCR)
CIK: 0000077543
Period of Report: 2004-12-07

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-12-07	Common Stock	M	50000	$4.5	Acquired	50000	Direct
2004-12-07	Common Stock	S	12800	$16.25	Disposed	37200	Direct
2004-12-07	Common Stock	S	6000	$16.26	Disposed	31200	Direct
2004-12-07	Common Stock	S	7700	$16.27	Disposed	23500	Direct
2004-12-07	Common Stock	S	3200	$16.28	Disposed	20300	Direct
2004-12-07	Common Stock	S	5600	$16.29	Disposed	14700	Direct
2004-12-07	Common Stock	S	1000	$16.30	Disposed	13700	Direct
2004-12-07	Common Stock	S	200	$16.31	Disposed	13500	Direct
2004-12-07	Common Stock	S	100	$16.32	Disposed	13400	Direct
2004-12-07	Common Stock	S	1000	$16.33	Disposed	12400	Direct
2004-12-07	Common Stock	S	2300	$16.34	Disposed	10100	Direct
2004-12-07	Common Stock	S	900	$16.35	Disposed	9200	Direct
2004-12-07	Common Stock	S	500	$16.36	Disposed	8700	Direct
2004-12-07	Common Stock	S	200	$16.37	Disposed	8500	Direct
2004-12-07	Common Stock	S	1500	$16.38	Disposed	7000	Direct
2004-12-07	Common Stock	S	1700	$16.39	Disposed	5300	Direct
2004-12-07	Common Stock	S	3800	$16.40	Disposed	1500	Direct
2004-12-07	Common Stock	S	800	$16.41	Disposed	700	Direct
2004-12-07	Common Stock	S	200	$16.42	Disposed	500	Direct
2004-12-07	Common Stock	S	500	$16.43	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-12-07	Employee Stock Option (right to buy)	$4.5	M	50000	Disposed	2010-05-24	Common Stock (50000)	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.