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TUTOR PERINI CORP — Director's Dealing 2022
Sep 21, 2022
31352_dirs_2022-09-21_757b39f5-c57c-4856-a99e-8f4d5fd75287.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: 2022-09-19
Reporting Person: Hallgren Wendy Ann (EVP and General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-09-19 | Common Stock | M | 50000 | — | Acquired | 50000 | Direct |
| 2022-09-19 | Common Stock | F | 26325 | $6.96 | Disposed | 23675 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-09-19 | Restricted Stock Units | $ | M | 50000 | Disposed | Common Stock (50000) | Direct |
Footnotes
F1: Each restricted stock unit (RSU) 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. The difference between the stock price and $20.00 per share was settled in cash.
F2: On September 19, 2019, the reporting person was granted 50,000 RSUs that vested on September 19, 2022, contingent upon the reporting person's continued employment through this date.