TUTOR PERINI CORP — Director's Dealing 2007

Jul 11, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PERINI CORP (PCR)
CIK: 0000077543
Period of Report: 2007-07-10

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-07-10	Common Stock	M	10000	$4.50	Acquired	10000	Direct
2007-07-10	Common Stock	S	1000	$63.89	Disposed	9000	Direct
2007-07-10	Common Stock	S	1000	$63.00	Disposed	8000	Direct
2007-07-10	Common Stock	S	200	$63.52	Disposed	7800	Direct
2007-07-10	Common Stock	S	200	$62.95	Disposed	7600	Direct
2007-07-10	Common Stock	S	700	$63.10	Disposed	6900	Direct
2007-07-10	Common Stock	S	200	$63.25	Disposed	6700	Direct
2007-07-10	Common Stock	S	200	$63.21	Disposed	6500	Direct
2007-07-10	Common Stock	S	500	$63.20	Disposed	6000	Direct
2007-07-10	Common Stock	S	1200	$63.25	Disposed	4800	Direct
2007-07-10	Common Stock	S	300	$63.34	Disposed	4500	Direct
2007-07-10	Common Stock	S	500	$63.45	Disposed	4000	Direct
2007-07-10	Common Stock	S	200	$63.42	Disposed	3800	Direct
2007-07-10	Common Stock	S	300	$63.35	Disposed	3500	Direct
2007-07-10	Common Stock	S	100	$63.36	Disposed	3400	Direct
2007-07-10	Common Stock	S	400	$63.35	Disposed	3000	Direct
2007-07-10	Common Stock	S	1000	$63.50	Disposed	2000	Direct
2007-07-10	Common Stock	S	100	$63.53	Disposed	1900	Direct
2007-07-10	Common Stock	S	400	$63.45	Disposed	1500	Direct
2007-07-10	Common Stock	S	500	$63.55	Disposed	1000	Direct
2007-07-10	Common Stock	S	1000	$63.65	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-07-10	Employee Stock Option (right to buy)	$4.50	M	10000	Disposed	2010-05-14	Common Stock (10000)	Direct

Footnotes

F1: The sale reported in this Form 4 was effected pursuant to a Rule10b5-1 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.