Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PRIM | Common Stock | Options Exercise | +2.49K | +1.6% | 159K | Feb 28, 2023 | Family Trust | F1, F2 | ||
transaction | PRIM | Common Stock | Tax liability | -$23.7K | -863 | -0.54% | $27.50 | 158K | Feb 28, 2023 | Family Trust | F2, F3 |
transaction | PRIM | Common Stock | Options Exercise | +6.94K | +4.39% | 165K | Mar 1, 2023 | Family Trust | F2, F4 | ||
transaction | PRIM | Common Stock | Tax liability | -$65.5K | -2.4K | -1.46% | $27.32 | 162K | Mar 1, 2023 | Family Trust | F2, F3 |
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 | -2.49K | -7.92% | $0.00 | 29K | Feb 28, 2023 | Common Stock | 2.49K | Direct | F1 | |
transaction | PRIM | Restricted Stock Units | Options Exercise | $0 | -6.94K | -23.92% | $0.00 | 22.1K | Mar 1, 2023 | Common Stock | 6.94K | Direct | F4 | |
transaction | PRIM | Restricted Stock Units | Award | $0 | +8.86K | +40.18% | $0.00 | 30.9K | Mar 1, 2023 | Common Stock | 8.86K | Direct | F5, F6 |
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 February 28, 2023, the restricted stock units vested and were settled for an equal number of shares of PRIM common stock. |
F2 | 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. |
F3 | Withholding of common stock to satisfy reporting person's tax obligation upon the settlement of vested restricted stock units. |
F4 | 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 March 1, 2023, the restricted stock units vested and were settled for an equal number of shares of PRIM common stock. |
F5 | 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. |
F6 | The restricted stock units vest 25% on March 1, 2024, 25% on March 1, 2025, and 50% on March 1, 2026. |