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TUTOR PERINI CORP — Director's Dealing 2010
Jan 6, 2010
31352_dirs_2010-01-06_5c8719e0-79be-42df-9105-891f78a95ec1.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: TUTOR PERINI Corp (TPC)
CIK: 0000077543
Period of Report: 2010-01-01
Reporting Person: SHAW CRAIG W (Chariman & CEO, Perini Bldg Co)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-01-01 | Common Stock | M | 50000 | — | Acquired | 120000 | Direct |
| 2010-01-04 | Common Stock | S | 20000 | $18.43 | Disposed | 100000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-01-01 | Restricted Stock Unit | $ | M | 50000 | Disposed | Common Stock (50000) | Direct |
Footnotes
F1: The restricted stock units convert into common stock of Tutor Perini Corporation (the "Company") on a 1 for 1 basis subject to the Company achieving certain performance criteria for fiscal year 2008.
F2: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 17, 2008, as amended November 19, 2009.
F3: Represents the weighted average sales price of shares sold at prices ranging from $18.27 to $18.55 per share. The reporting person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F4: The restricted stock units were granted on April 5, 2006.
F5: The restricted stock units vested on January 1, 2010 based on the Company having achieved certain performance criteria for fiscal year 2008.