TUTOR PERINI CORP — Director's Dealing 2018

Mar 20, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TUTOR PERINI CORP (TPC)
CIK: 0000077543
Period of Report: 2018-03-15

Reporting Person: TUTOR RONALD N (Director, Chairman & CEO, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-03-15	Common Stock	M	126006	—	Acquired	126006	Direct
2018-03-15	Common Stock	F	62525	$22.40	Disposed	63481	Direct
2018-03-15	Common Stock	G	63481	—	Disposed	0	Direct
2018-03-15	Common Stock	G	63481	—	Acquired	5811601	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-03-15	Restricted Stock Units	$	M	126006	Disposed		Common Stock (126006)	Direct
2018-03-15	Restricted Stock Units	$	D	23994	Disposed		Common Stock (23994)	Direct
2018-03-15	Employee Stock Option (Right to Buy)	$24.05	D	23994	Disposed		Common Stock (23994)	Direct
2018-03-15	Restricted Stock Units	$	D	120097	Disposed		Common Stock (120097)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1500000	Indirect
Common Stock	1533255	Indirect

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 150,000 RSUs and 150,000 stock options (SOs) vesting on March 15, 2018, based on the achievement of a performance target for fiscal year 2017; approximately 84% of the award was earned. The RSUs and SOs were previously voluntarily reported on Form 4.

F3: On December 22, 2014, the reporting person was granted 120,097 RSUs vesting on December 31, 2017, based on the achievement of a certain performance target as of December 31, 2017; no portion of these awards was earned. The RSUs were previously voluntarily reported on Form 4.