Ryan Joseph Soroka - Mar 8, 2024 Form 4 Insider Report for TUTOR PERINI CORP (TPC)

Role
Senior VP & CFO
Signature
/s/ Anthony C. Fiore, Attorney-in-Fact
Stock symbol
TPC
Transactions as of
Mar 8, 2024
Transactions value $
-$139,632
Form type
4
Date filed
3/12/2024, 04:56 PM
Previous filing
Nov 14, 2023
Next filing
Mar 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPC Common Stock Options Exercise +10K +49.67% 30.1K Mar 8, 2024 Direct F1
transaction TPC Common Stock Tax liability -$71.6K -5.64K -18.7% $12.71 24.5K Mar 8, 2024 Direct
transaction TPC Common Stock Options Exercise +10K +40.82% 34.5K Mar 9, 2024 Direct F1
transaction TPC Common Stock Tax liability -$68K -5.35K -15.51% $12.71 29.1K Mar 9, 2024 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 -10K -33.33% $0.00 20K Mar 8, 2024 Common Stock 10K Direct F1, F2
transaction TPC Restricted Stock Units Options Exercise $0 -10K -50% $0.00 10K Mar 9, 2024 Common Stock 10K Direct F1, F3
* 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 March 8, 2023, the reporting person was granted 30,000 RSUs, of which 10,000 vest on each of March 8, 2024, 2025 and 2026, contingent upon the reporting person's continued employment through these dates.
F3 On March 9, 2022, the reporting person was granted 30,000 RSUs, of which 10,000 vest on each of March 9, 2023, 2024 and 2025, contingent upon the reporting person's continued employment through these dates.