Ronald N. Tutor - 25 Aug 2024 Form 4 Insider Report for TUTOR PERINI CORP (TPC)

Role
Chairman & CEO, Director, 10%+ Owner
Signature
/s/ Ryan J. Soroka, Attorney-in-Fact
Issuer symbol
TPC
Transactions as of
25 Aug 2024
Net transactions value
-$1,063,004
Form type
4
Filing time
27 Aug 2024, 16:38:57 UTC
Previous filing
17 Jun 2024
Next filing
12 Nov 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 +91,996 91,996 25 Aug 2024 Direct F1
transaction TPC Common Stock Tax liability $1,063,004 -46,623 -51% $22.80 45,373 25 Aug 2024 Direct
transaction TPC Common Stock Gift $0 -45,373 -100% $0.000000 0 25 Aug 2024 Direct
transaction TPC Common Stock Gift $0 +45,373 +1.3% $0.000000 3,407,313 25 Aug 2024 By Tutor Marital Property Trust
holding TPC Common Stock 2,387,267 25 Aug 2024 By Ronald N. Tutor Separate Property Trust
holding TPC Common Stock 1,533,255 25 Aug 2024 By Ronald N. Tutor 2018 Dynasty Trust

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 -91,996 -100% $0.000000 0 25 Aug 2024 Common Stock 91,996 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 August 25, 2021, the reporting person was granted 275,986 RSUs, of which 91,995 vested on each of August 25, 2022 and 2023, and 91,996 vested on August 25, 2024.