TUTOR PERINI CORP — Director's Dealing 2007

Sep 12, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PERINI CORP (PCR)
CIK: 0000077543
Period of Report: 2007-09-11

Reporting Person: SHAW CRAIG W (Chairman & CEO, Perini Bldg Co)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-09-11	Common Stock	M	10000	$4.50	Acquired	10000	Direct
2007-09-11	Common Stock	S	1000	$53.99	Disposed	9000	Direct
2007-09-11	Common Stock	S	1000	$53.65	Disposed	8000	Direct
2007-09-11	Common Stock	S	500	$54.08	Disposed	7500	Direct
2007-09-11	Common Stock	S	100	$54.05	Disposed	7400	Direct
2007-09-11	Common Stock	S	100	$54.06	Disposed	7300	Direct
2007-09-11	Common Stock	S	100	$54.08	Disposed	7200	Direct
2007-09-11	Common Stock	S	100	$53.98	Disposed	7100	Direct
2007-09-11	Common Stock	S	100	$54.00	Disposed	7000	Direct
2007-09-11	Common Stock	S	1000	$54.15	Disposed	6000	Direct
2007-09-11	Common Stock	S	500	$54.25	Disposed	5500	Direct
2007-09-11	Common Stock	S	500	$54.50	Disposed	5000	Direct
2007-09-11	Common Stock	S	500	$54.85	Disposed	4500	Direct
2007-09-11	Common Stock	S	500	$54.90	Disposed	4000	Direct
2007-09-11	Common Stock	S	500	$54.93	Disposed	3500	Direct
2007-09-11	Common Stock	S	500	$55.00	Disposed	3000	Direct
2007-09-11	Common Stock	S	500	$55.05	Disposed	2500	Direct
2007-09-11	Common Stock	S	300	$55.45	Disposed	2200	Direct
2007-09-11	Common Stock	S	200	$54.85	Disposed	2000	Direct
2007-09-11	Common Stock	S	500	$54.65	Disposed	1500	Direct
2007-09-11	Common Stock	S	500	$54.70	Disposed	1000	Direct
2007-09-11	Common Stock	S	500	$54.75	Disposed	500	Direct
2007-09-11	Common Stock	S	500	$54.80	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-09-11	Employee Stock Option (right to buy)	$4.50	M	10000	Disposed	2010-05-14	Common Stock (10000)	Direct

Footnotes

F1: The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on
November 20, 2006.

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.