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TUTOR PERINI CORP Director's Dealing 2018

May 25, 2018

31352_dirs_2018-05-24_466ac77d-2a68-4bb5-92e9-78d97a451ade.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: 2018-05-23

Reporting Person: Frost James A (Director, President & COO)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2018-05-23 Employee Stock Option (Right to Buy) $19.90 A 50000 Acquired 2028-05-23 Common Stock (50000) Direct
2018-05-23 Restricted Stock Units $ A 50000 Acquired Common Stock (50000) Direct

Footnotes

F1: The employee stock options become exercisable on May 23, 2021, contingent upon the reporting person's continued employment through this date.

F2: The restricted stock units convert into common stock of Tutor Perini Corporation on a 1-for-1 basis.

F3: The restricted stock units vest on May 23, 2021, contingent upon the reporting person's continued employment through this date.