TUTOR PERINI CORP — Director's Dealing 2006

Sep 13, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PERINI CORP (PCR)
CIK: 0000077543
Period of Report: 2006-09-12

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-09-12	Common Stock	M	10000	$4.5	Acquired	10000	Direct
2006-09-12	Common Stock	S	1000	$21.36	Disposed	9000	Direct
2006-09-12	Common Stock	S	1000	$21.54	Disposed	8000	Direct
2006-09-12	Common Stock	S	1000	$21.79	Disposed	7000	Direct
2006-09-12	Common Stock	S	1000	$21.96	Disposed	6000	Direct
2006-09-12	Common Stock	S	1000	$21.92	Disposed	5000	Direct
2006-09-12	Common Stock	S	200	$22.05	Disposed	4800	Direct
2006-09-12	Common Stock	S	800	$21.95	Disposed	4000	Direct
2006-09-12	Common Stock	S	1000	$22.08	Disposed	3000	Direct
2006-09-12	Common Stock	S	400	$22.11	Disposed	2600	Direct
2006-09-12	Common Stock	S	600	$22.10	Disposed	2000	Direct
2006-09-12	Common Stock	S	300	$22.09	Disposed	1700	Direct
2006-09-12	Common Stock	S	700	$22.05	Disposed	1000	Direct
2006-09-12	Common Stock	S	400	$22.25	Disposed	600	Direct
2006-09-12	Common Stock	S	600	$22.21	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-09-12	Employee Stock Option (right to buy)	$4.5	M	10000	Disposed	2010-05-14	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.