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TUTOR PERINI CORP — Director's Dealing 2018
Mar 20, 2018
31352_dirs_2018-03-19_42feed65-d9ac-4506-8617-f620b58909d8.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: 2018-03-15
Reporting Person: Frost James A (Director, President & COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-03-15 | Common Stock | M | 84004 | — | Acquired | 610331 | Direct |
| 2018-03-15 | Common Stock | F | 33055 | $22.40 | Disposed | 577276 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-03-15 | Restricted Stock Units | $ | M | 84004 | Disposed | Common Stock (84004) | Direct | |
| 2018-03-15 | Restricted Stock Units | $ | D | 15996 | Disposed | Common Stock (15996) | Direct | |
| 2018-03-15 | Employee Stock Option (Right to Buy) | $23.56 | D | 15996 | Disposed | Common Stock (15996) | Direct |
Footnotes
F1: The restricted stock units (RSUs) convert into common stock of Tutor Perini Corporation on a 1-for-1 basis upon vesting.
F2: On March 7, 2017, the reporting person was granted 100,000 RSUs and 100,000 stock options (SOs) vesting on March 15, 2018, based on the achievement of a performance target for the year ending December 31, 2017; approximately 84% of the award was earned. The RSUs and SOs were previously voluntarily reported on Form 4.
F3: Includes 93,197 stock options that vested on March 15, 2017, upon the achievement of performance criteria for the year ended December 31, 2016 (as reported on Form 4 on March 17, 2017).