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TUTOR PERINI CORP — Director's Dealing 2024
Apr 4, 2024
31352_dirs_2024-04-03_cc9a3b5a-a400-4537-bb55-d00013d14643.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: 2024-04-01
Reporting Person: Ariqat Ghassan (Executive Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-04-01 | Common Stock | M | 30000 | — | Acquired | 41855 | Direct |
| 2024-04-01 | Common Stock | D | 30000 | $14.80 | Disposed | 11855 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-04-01 | Phantom Stock Units | $ | M | 30000 | Disposed | Common Stock (30000) | Direct |
Footnotes
F1: The phantom stock units are settled in cash at a value equal to the number of units vested multiplied by the closing price per share of Tutor Perini Corporation's common stock on the applicable vesting date.
F2: On January 26, 2023, the reporting person was granted 90,000 cash-settled phantom stock units, of which 30,000 vest on each of April 1, 2023, 2024 and 2025, contingent upon the reporting person's continued employment through these dates.
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