TUTOR PERINI CORP — Director's Dealing 2007

May 16, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PERINI CORP (PCR)
CIK: 0000077543
Period of Report: 2007-05-15

Reporting Person: BAND ROBERT (Director, President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-05-15	Common Stock	M	12500	$4.50	Acquired	15011	Direct
2007-05-15	Common Stock	S	1250	$49.85	Disposed	13761	Direct
2007-05-15	Common Stock	S	250	$50.10	Disposed	13511	Direct
2007-05-15	Common Stock	S	100	$50.08	Disposed	13411	Direct
2007-05-15	Common Stock	S	100	$50.04	Disposed	13311	Direct
2007-05-15	Common Stock	S	800	$50.03	Disposed	12511	Direct
2007-05-15	Common Stock	S	150	$50.05	Disposed	12361	Direct
2007-05-15	Common Stock	S	200	$49.96	Disposed	12161	Direct
2007-05-15	Common Stock	S	100	$50.01	Disposed	12061	Direct
2007-05-15	Common Stock	S	400	$49.97	Disposed	11661	Direct
2007-05-15	Common Stock	S	200	$49.98	Disposed	11461	Direct
2007-05-15	Common Stock	S	100	$50.00	Disposed	11361	Direct
2007-05-15	Common Stock	S	100	$50.01	Disposed	11261	Direct
2007-05-15	Common Stock	S	100	$49.89	Disposed	11161	Direct
2007-05-15	Common Stock	S	700	$49.87	Disposed	10461	Direct
2007-05-15	Common Stock	S	250	$49.93	Disposed	10211	Direct
2007-05-15	Common Stock	S	100	$49.88	Disposed	10111	Direct
2007-05-15	Common Stock	S	100	$49.89	Disposed	10011	Direct
2007-05-15	Common Stock	S	450	$50.13	Disposed	9561	Direct
2007-05-15	Common Stock	S	100	$50.12	Disposed	9461	Direct
2007-05-15	Common Stock	S	300	$50.11	Disposed	9161	Direct
2007-05-15	Common Stock	S	100	$50.10	Disposed	9061	Direct
2007-05-15	Common Stock	S	100	$50.13	Disposed	8961	Direct
2007-05-15	Common Stock	S	200	$50.09	Disposed	8761	Direct
2007-05-15	Common Stock	S	100	$50.14	Disposed	8661	Direct
2007-05-15	Common Stock	S	400	$50.15	Disposed	8261	Direct
2007-05-15	Common Stock	S	100	$50.18	Disposed	8161	Direct
2007-05-15	Common Stock	S	650	$50.19	Disposed	7511	Direct
2007-05-15	Common Stock	S	250	$50.45	Disposed	7261	Direct
2007-05-15	Common Stock	S	200	$50.41	Disposed	7061	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-05-15	Employee Stock Option (right to buy)	$4.50	M	12500	Disposed	2010-05-14	Common Stock (12500)	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
September 11, 2006.

F2: Granted an option to purchase 200,000 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.