TUTOR PERINI CORP — Director's Dealing 2004

Nov 24, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PERINI CORP (PCR)
CIK: 0000077543
Period of Report: 2004-11-23

Reporting Person: CISKEY MICHAEL E (Vice President & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-11-23	Common Stock	M	30000	$4.50	Acquired	30000	Direct
2004-11-23	Common Stock	S	500	$14.64	Disposed	29500	Direct
2004-11-23	Common Stock	S	13300	$14.65	Disposed	16200	Direct
2004-11-23	Common Stock	S	1200	$14.67	Disposed	15000	Direct
2004-11-23	Common Stock	S	15000	$14.68	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-11-23	Employee Stock Option (right to buy)	$4.5	M	30000	Disposed	2010-09-11	Common Stock (30000)	Direct

Footnotes

F1: Granted an option to purchase 30,000 shares of Common Stock at an exercise rate of $4.50 per share; 33.33% of such shares
vested 9/2000; an additional 33.34% vested on 9/2001 and an additional 33.33% vested on 9/2002.