TUTOR PERINI CORP — Director's Dealing 2008

Nov 21, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PERINI CORP (PCR)
CIK: 0000077543
Period of Report: 2008-11-19

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

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-11-19	Restricted Stock Unit	$	A	75000	Acquired		Common Stock (75000)	Direct
2008-11-19	Employee Stock Option (right to buy)	$12.54	A	75000	Acquired	2018-11-19	Common Stock (75000)	Direct

Footnotes

F1: The restricted stock units convert into common stock of Perini Corporation (the "Company") on a 1 for 1 basis upon vesting.

F2: The restricted stock units vest on November 19, 2013, subject to the Company's compensation committee's determination that
certain performance criteria for fiscal year 2008, 2009, 2010, 2011 and 2012 have been met.