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TUTOR PERINI CORP — Director's Dealing 2023
Mar 10, 2023
31352_dirs_2023-03-10_985899d3-d8d4-43c1-ad14-8558cae2f205.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: 2023-03-08
Reporting Person: TUTOR RONALD N (Director, Chairman & CEO, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-03-09 | Common Stock | M | 105256 | — | Acquired | 105256 | Direct |
| 2023-03-09 | Common Stock | G | 105256 | $0.00 | Disposed | 0 | Direct |
| 2023-03-09 | Common Stock | G | 105256 | $0.00 | Acquired | 3540556 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-03-08 | Restricted Stock Units | $ | A | 530188 | Acquired | Common Stock (530188) | Direct | |
| 2023-03-09 | Restricted Stock Units | $ | M | 105256 | Disposed | Common Stock (105256) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 2412267 | 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.
F2: On March 8, 2023, the reporting person was granted 530,188 RSUs, of which 176,729 vest on each of March 8, 2024 and 2025, and 176,730 vest on March 8, 2026, contingent upon the reporting person's continued employment through these dates.
F3: On March 9, 2022, the reporting person was granted 315,769 RSUs, of which 105,256 vest on each of March 9, 2023 and 2024, and 105,257 vest on March 9, 2025, contingent upon the reporting person's continued employment through these dates.