Kenneth M. Dodgen - Jun 29, 2021 Form 4 Insider Report for Primoris Services Corp (PRIM)

Role: Chief Financial Officer
Signature: /s/ Kenneth M. Dodgen
Stock symbol: PRIM
Transactions as of: Jun 29, 2021
Transactions value $: $0
Form type: 4
Date filed: 7/1/2021, 04:14 PM
Next filing: Oct 4, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	PRIM	Common Stock						14.9K	Jun 29, 2021	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	PRIM	Restricted Stock Units	Award	$0	+11.9K	+59.27%	$0.00	31.9K	Jun 29, 2021	Common Stock	11.9K		Direct	F1, F2
transaction	PRIM	Restricted Stock Units	Award	$0	+8	+0.03%	$0.00	31.9K	Jun 30, 2021	Common Stock	8		Direct	F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one share of PRIM common stock or the cash value thereof on the date of settlement, in the Company's discretion.
F2	The restricted stock units vest 25 percent on June 29, 2023, and 75 percent on June 29, 2024.
F3	Represents dividend equivalent units in the form of restricted stock units with respect to 4,151 vested restricted stock units. The vested restricted stock units will be settled in stock or cash on the earlier of (i) six months following the reporting person's termination of employment; (ii) the date of the reporting person's death or the date the reporting person becomes disabled; (iii) the date of a change in control of the Company; or (iv) October 3, 2021.