TUTOR PERINI CORP — Director's Dealing 2021

May 28, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TUTOR PERINI CORP (TPC)
CIK: 0000077543
Period of Report: 2021-05-27

Reporting Person: Frost James A (Director, President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-05-27	Common Stock	M	12500	—	Acquired	312361	Direct
2021-05-27	Common Stock	F	4918	$15.61	Disposed	307443	Direct
2021-05-27	Common Stock	G	7582	—	Disposed	299861	Direct
2021-05-27	Common Stock	G	7582	—	Acquired	315313	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-05-27	Restricted Stock Units	$	M	12500	Disposed		Common Stock (12500)	Direct
2021-05-27	Employee Stock Option (Right to Buy)	$19.90	A	12500	Acquired	2028-05-23	Common Stock (12500)	Direct

Footnotes

F1: On May 23, 2018, the reporting person was granted 50,000 restricted stock units (RSUs) (target amount) vesting upon the achievement of a performance target for the period from May 23, 2018 to May 23, 2021 and Compensation Committee approval; 25% of the award was vested. Each RSU represents a contingent right to receive one share of common stock of Tutor Perini Corporation.

F2: On May 23, 2018, the reporting person was granted 50,000 stock options (target amount) vesting upon the achievement of a performance target from the period of May 23, 2018 to May 23, 2021 and Compensation Committee approval; 25% of the award was vested.