TUTOR PERINI CORP — Director's Dealing 2005

Feb 9, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PERINI CORP (PCR)
CIK: 0000077543
Period of Report: 2005-02-08

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-02-08	Common Stock	M	10000	$4.50	Acquired	10000	Direct
2005-02-08	Common Stock	S	1000	$17.50	Disposed	9000	Direct
2005-02-08	Common Stock	S	500	$17.52	Disposed	8500	Direct
2005-02-08	Common Stock	S	1000	$17.59	Disposed	7500	Direct
2005-02-08	Common Stock	S	1600	$17.60	Disposed	5900	Direct
2005-02-08	Common Stock	S	1800	$17.62	Disposed	4100	Direct
2005-02-08	Common Stock	S	400	$17.63	Disposed	3700	Direct
2005-02-08	Common Stock	S	1000	$17.64	Disposed	2700	Direct
2005-02-08	Common Stock	S	1100	$17.65	Disposed	1600	Direct
2005-02-08	Common Stock	S	100	$17.66	Disposed	1500	Direct
2005-02-08	Common Stock	S	1000	$17.69	Disposed	500	Direct
2005-02-08	Common Stock	S	500	$17.70	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-02-08	Employee Stock Option (right to buy)	$4.50	M	10000	Disposed	2010-05-24	Common Stock (10000)	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.