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TUTOR PERINI CORP — Director's Dealing 2019
Mar 19, 2019
31352_dirs_2019-03-19_8a49f0c4-ae4f-4858-b603-7a9333940f69.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: 2019-03-15
Reporting Person: SMALLEY GARY G. (Executive VP and CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-03-15 | Common Stock | A | 13096 | — | Acquired | 29444 | Direct |
| 2019-03-15 | Common Stock | F | 6885 | $18.51 | Disposed | 22559 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-03-15 | Employee Stock Option (Right to Buy) | $17.06 | A | 13096 | Acquired | 2025-09-01 | Common Stock (13096) | Direct |
Footnotes
F1: On March 13, 2018, the reporting person was granted 15,000 restricted stock units (RSUs) (target amount) that vested on March 15, 2019 upon the achievement of performance criteria for the year ended December 31, 2018; approximately 87% of RSUs at target were earned. The RSUs convert into common stock of TPC on a 1-for-1 basis.
F2: On March 13, 2018 the reporting person was granted 15,000 stock options (SOs) that vested on March 15, 2019 upon the achievement of performance criteria for the year ended December 31, 2018; approximately 87% of SOs at target were earned.
F3: Includes 15,000 stock options that vested on March 15, 2017 and 15,000 stock options that vested on March 15, 2018, based upon the achievement of performance criteria for the years ended December 31, 2016 and 2017, respectively, (as reported on Form 4s on March 17, 2017 and March 19, 2018, respectively)