Travis Stricker - 13 Aug 2021 Form 4 Insider Report for Primoris Services Corp (PRIM)

Role: Chief Accounting Officer
Signature: /s/ Kenneth M. Dodgen, by power of attorney
Issuer symbol: PRIM
Transactions as of: 13 Aug 2021
Net transactions value: -$37,665
Form type: 4
Filing time: 17 Aug 2021, 18:01:28 UTC
Previous filing: 01 Jul 2021
Next filing: 02 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PRIM	Common Stock	Options Exercise		+5,850	+270%		8,014	13 Aug 2021	Direct	F1
transaction	PRIM	Common Stock	Tax liability	$37,665	-1,424	-18%	$26.45	6,590	13 Aug 2021	Direct	F2

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	Options Exercise	$0	-5,850	-38%	$0.000000	9,596	13 Aug 2021	Common Stock	5,850		Direct	F1

* 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. On August 13, 2021, the restricted stock units vested and were settled for an equal number of shares of PRIM common stock.
F2	Withholding of common stock to satisfy reporting person's tax obligation upon the settlement of vested restricted stock units.