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TUTOR PERINI CORP Director's Dealing 2020

Nov 13, 2020

31352_dirs_2020-11-13_ada77e25-4f9d-4615-a112-106477afcadf.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: 2020-11-11

Reporting Person: SMALLEY GARY G. (Executive VP and CFO)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-11-11 Employee Stock Option (Right to Buy) $13.85 A 45000 Acquired 2030-11-11 Common Stock (45000) Direct
2020-11-11 Restricted Stock Units $ A 45000 Acquired Common Stock (45000) Direct

Footnotes

F1: The employee stock options become exercisable on November 11, 2023, 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 November 11, 2023, contingent upon the reporting person's continued employment through this date.