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TUTOR PERINI CORP — Director's Dealing 2019
Sep 20, 2019
31352_dirs_2019-09-20_30c107ad-faf6-4349-b382-1c50b72341ab.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: 2019-09-19
Reporting Person: Hallgren Wendy Ann (EVP and General Counsel)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-09-19 | Employee Stock Option (Right to Buy) | $13.00 | A | 50000 | Acquired | 2029-09-19 | Common Stock (50000) | Direct |
| 2019-09-19 | Restricted Stock Units | $ | A | 50000 | Acquired | Common Stock (50000) | Direct |
Footnotes
F1: The employee stock options become exercisable on September 19, 2022, contingent upon the reporting person's continued employment through this date.
F2: Each restricted stock unit entitles the holder to one share of common stock of Tutor Perini Corporation and, if the stock price is less than $20.00 per share on the settlement date, a payment in cash or shares, at the option of Tutor Perini Corporation, of the difference between the stock price and $20.00.
F3: The restricted stock units vest on September 19, 2022, contingent upon the reporting person's continued employment through this date.