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

Signature
/s/ Kenneth M. Dodgen, by power of attorney
Stock symbol
PRIM
Transactions as of
Jun 29, 2021
Transactions value $
$0
Form type
4
Date filed
7/1/2021, 04:24 PM
Next filing
Aug 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PRIM Common Stock 143K Jun 29, 2021 Family Trust F3

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 +38.97% $0.00 42.3K Jun 29, 2021 Common Stock 11.9K Direct F1, F2
* 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 These shares are owned directly by the Perisich Family Trust dated July 11, 2007 and indirectly by John M. Perisich, as trustee of the trust. Mr. Perisich is Chief Legal Officer of Primoris.