Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | TPC | Phantom Stock Units | Award | $0 | +28.7K | $0.00 | 28.7K | Mar 27, 2024 | Common Stock | 28.7K | Direct | F1, F2 |
Id | Content |
---|---|
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 March 27, 2024, the reporting person was granted 28,675 cash-settled phantom stock units that vest on March 27, 2027, contingent upon the reporting person's continued employment through the vesting date. |