Michael Francis Smithson - 28 May 2024 Form 4 Insider Report for TUTOR PERINI CORP (TPC)

Signature
/s/ Anthony C. Fiore, Attorney-in-Fact
Issuer symbol
TPC
Transactions as of
28 May 2024
Net transactions value
-$579,962
Form type
4
Filing time
30 May 2024, 18:15:40 UTC
Previous filing
31 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPC Common Stock Options Exercise +50,000 +219% 72,825 28 May 2024 Direct F1
transaction TPC Common Stock Tax liability $579,962 -26,975 -37% $21.50 45,850 28 May 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 -50,000 -100% $0.000000* 0 28 May 2024 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 vested on May 28, 2023 and 50,000 vested on May 28, 2024.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney