Michael Francis Smithson - 28 May 2023 Form 4 Insider Report for TUTOR PERINI CORP (TPC)

Role
Executive Vice President
Signature
/s/ Anthony C. Fiore, Attorney-in-Fact
Issuer symbol
TPC
Transactions as of
28 May 2023
Net transactions value
-$161,148
Form type
4
Filing time
31 May 2023, 16:41:42 UTC
Previous filing
01 Jun 2021
Next filing
30 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPC Common Stock Options Exercise +50,000 50,000 28 May 2023 Direct F1
transaction TPC Common Stock Tax liability $161,148 -27,175 -54% $5.93* 22,825 28 May 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TPC Restricted Stock Units Options Exercise $0 -50,000 -50% $0.000000 50,000 28 May 2023 Common Stock 50,000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units (RSUs) convert into common stock of Tutor Perini Corporation on a 1-for-1 basis.
F2 On May 28, 2021, the reporting person was granted 100,000 RSUs, of which 50,000 vest on May 28, 2023 and 50,000 vest on May 28, 2024, contingent upon the reporting person's continued employment through these dates.