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: 2007-03-14

Reporting Person: Kennedy Robert Archambault (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-03-14	Common Stock	M	3000	$3.125	Acquired	5000	Direct
2007-03-14	Common Stock	S	100	$35.11	Disposed	4900	Direct
2007-03-14	Common Stock	S	200	$35.09	Disposed	4700	Direct
2007-03-14	Common Stock	S	900	$35.08	Disposed	3800	Direct
2007-03-14	Common Stock	S	100	$35.06	Disposed	3700	Direct
2007-03-14	Common Stock	S	100	$35.05	Disposed	3600	Direct
2007-03-14	Common Stock	S	100	$35.04	Disposed	3500	Direct
2007-03-14	Common Stock	S	100	$35.05	Disposed	3400	Direct
2007-03-14	Common Stock	S	1300	$35.03	Disposed	2100	Direct
2007-03-14	Common Stock	S	100	$35.04	Disposed	2000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-03-14	Employee Stock Option (right to buy)	$3.125	M	3000	Disposed	2010-05-24	Common Stock (3000)	Direct

Footnotes

F1: Granted an option to purchase 6,000 shares of Common Stock at an exercise price of $3.125 per share; 100% of such shares
vested on 5/2003.