TUTOR PERINI CORP — Director's Dealing 2019

Mar 19, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TUTOR PERINI CORP (TPC)
CIK: 0000077543
Period of Report: 2019-03-15

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-03-15	Common Stock	M	122193	—	Acquired	122193	Direct
2019-03-15	Common Stock	F	60583	$18.51	Disposed	61610	Direct
2019-03-15	Common Stock	G	61610	—	Disposed	0	Direct
2019-03-15	Common Stock	G	61610	—	Acquired	1561610	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-03-15	Restricted Stock Units	$	M	122193	Acquired		Common Stock (122193)	Direct
2019-03-15	Restricted Stock Units	$	D	27807	Acquired		Common Stock (27807)	Direct
2019-03-15	Employee Stock Option (Right to Buy)	$24.05	D	27807	Acquired		Common Stock (27807)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5614050	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 13, 2018, the reporting person was granted 150,000 RSUs and 150,000 stock options (SOs) vesting on March 15, 2019, based on the achievement of a performance target for fiscal year 2018; approximately 81% of the award was earned. The RSUs and SOs were previously voluntarily reported on Form 4. The SOs were also previously reported on Form 5.

F3: Includes 126,006 stock options that vested on March 15, 2018 based upon the achievement of performance criteria for the year ended December 31, 2017, as reported on Form 4 on March 19, 2018.