TUTOR PERINI CORP — Director's Dealing 2005

Nov 9, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PERINI CORP (PCR)
CIK: 0000077543
Period of Report: 2005-11-08

Reporting Person: SHAW CRAIG W (President, Perini Building Co.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-11-08	Common Stock	M	10000	$4.5	Acquired	10000	Direct
2005-11-08	Common Stock	S	800	$23.6	Disposed	9200	Direct
2005-11-08	Common Stock	S	900	$23.62	Disposed	8300	Direct
2005-11-08	Common Stock	S	100	$23.64	Disposed	8200	Direct
2005-11-08	Common Stock	S	1200	$23.70	Disposed	7000	Direct
2005-11-08	Common Stock	S	900	$23.78	Disposed	6100	Direct
2005-11-08	Common Stock	S	100	$23.80	Disposed	6000	Direct
2005-11-08	Common Stock	S	700	$23.65	Disposed	5300	Direct
2005-11-08	Common Stock	S	300	$23.66	Disposed	5000	Direct
2005-11-08	Common Stock	S	2000	$24.00	Disposed	3000	Direct
2005-11-08	Common Stock	S	1000	$24.04	Disposed	2000	Direct
2005-11-08	Common Stock	S	1000	$24.30	Disposed	1000	Direct
2005-11-08	Common Stock	S	1000	$24.62	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-11-08	Employee Stock Option (right to buy)	$4.50	M	10000	Disposed	2010-05-24	Common Stock (10000)	Direct

Footnotes

F1: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on
December 17, 2004.

F2: 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.