TUTOR PERINI CORP — Director's Dealing 2005

Mar 14, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PERINI CORP (PCR)
CIK: 0000077543
Period of Report: 2005-03-08

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-03-08	Common Stock	M	7000	$4.5	Acquired	7000	Direct
2005-03-08	Common Stock	S	500	$15.8	Disposed	6500	Direct
2005-03-08	Common Stock	S	500	$15.82	Disposed	6000	Direct
2005-03-08	Common Stock	S	2000	$15.90	Disposed	4000	Direct
2005-03-08	Common Stock	S	500	$15.91	Disposed	3500	Direct
2005-03-08	Common Stock	S	500	$15.95	Disposed	3000	Direct
2005-03-08	Common Stock	S	500	$16.01	Disposed	2500	Direct
2005-03-08	Common Stock	S	2000	$16.02	Disposed	500	Direct
2005-03-08	Common Stock	S	500	$16.00	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-03-08	Employee Stock Option (right to buy)	$4.5	M	7000	Disposed	2010-05-24	Common Stock (7000)	Direct

Footnotes

F1: The sales reported in this Form 4 were effected pursuant to 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.