TUTOR PERINI CORP — Director's Dealing 2007

Mar 15, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PERINI CORP (PCR)
CIK: 0000077543
Period of Report: 2007-03-13

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-03-13	Common Stock	M	10000	$4.50	Acquired	10000	Direct
2007-03-13	Common Stock	S	1000	$35.83	Disposed	9000	Direct
2007-03-13	Common Stock	S	800	$35.99	Disposed	8200	Direct
2007-03-13	Common Stock	S	100	$35.97	Disposed	8100	Direct
2007-03-13	Common Stock	S	100	$35.95	Disposed	8000	Direct
2007-03-13	Common Stock	S	400	$35.91	Disposed	7600	Direct
2007-03-13	Common Stock	S	200	$35.94	Disposed	7400	Direct
2007-03-13	Common Stock	S	100	$35.84	Disposed	7300	Direct
2007-03-13	Common Stock	S	100	$35.86	Disposed	7200	Direct
2007-03-13	Common Stock	S	100	$35.88	Disposed	7100	Direct
2007-03-13	Common Stock	S	100	$35.89	Disposed	7000	Direct
2007-03-13	Common Stock	S	300	$35.80	Disposed	6700	Direct
2007-03-13	Common Stock	S	100	$35.79	Disposed	6600	Direct
2007-03-13	Common Stock	S	200	$35.77	Disposed	6400	Direct
2007-03-13	Common Stock	S	400	$35.80	Disposed	6000	Direct
2007-03-13	Common Stock	S	100	$35.73	Disposed	5900	Direct
2007-03-13	Common Stock	S	1100	$35.72	Disposed	4800	Direct
2007-03-13	Common Stock	S	800	$35.71	Disposed	4000	Direct
2007-03-13	Common Stock	S	100	$35.13	Disposed	3900	Direct
2007-03-13	Common Stock	S	500	$35.11	Disposed	3400	Direct
2007-03-13	Common Stock	S	100	$35.06	Disposed	3300	Direct
2007-03-13	Common Stock	S	500	$35.05	Disposed	2800	Direct
2007-03-13	Common Stock	S	100	$35.14	Disposed	2700	Direct
2007-03-13	Common Stock	S	300	$35.04	Disposed	2400	Direct
2007-03-13	Common Stock	S	400	$35.06	Disposed	2000	Direct
2007-03-13	Common Stock	S	400	$34.89	Disposed	1600	Direct
2007-03-13	Common Stock	S	300	$34.87	Disposed	1300	Direct
2007-03-13	Common Stock	S	200	$34.90	Disposed	1100	Direct
2007-03-13	Common Stock	S	100	$34.88	Disposed	1000	Direct
2007-03-13	Common Stock	S	100	$34.70	Disposed	900	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-03-13	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 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.