TUTOR PERINI CORP — Director's Dealing 2005

Jul 18, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PERINI CORP (PCR)
CIK: 0000077543
Period of Report: 2005-07-12

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-07-12	Common Stock	M	10000	$4.50	Acquired	10000	Direct
2005-07-12	Common Stock	S	800	$17.15	Disposed	9200	Direct
2005-07-12	Common Stock	S	1300	$17.18	Disposed	7900	Direct
2005-07-12	Common Stock	S	500	$17.19	Disposed	7400	Direct
2005-07-12	Common Stock	S	1000	$17.05	Disposed	6400	Direct
2005-07-12	Common Stock	S	1900	$17.10	Disposed	4500	Direct
2005-07-12	Common Stock	S	1100	$17.13	Disposed	3400	Direct
2005-07-12	Common Stock	S	1700	$17.14	Disposed	1700	Direct
2005-07-12	Common Stock	S	900	$17.16	Disposed	800	Direct
2005-07-12	Common Stock	S	800	$17.17	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-07-12	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.