John P. Schauerman - 02 Aug 2023 Form 4 Insider Report for Primoris Services Corp (PRIM)

Role
Director
Signature
/s/ Kenneth M. Dodgen
Issuer symbol
PRIM
Transactions as of
02 Aug 2023
Net transactions value
$0
Form type
4
Filing time
11 Aug 2023, 19:00:29 UTC
Previous filing
22 Jun 2023
Next filing
29 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRIM Common Stock Award +1,107 +0.4% 276,306 02 Aug 2023 By Trust F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The non-employee director compensation program adopted by the Board in May 2011 and updated August 2022, provides for the issuance of restricted stock with a value of $32,500. The price per share was based on the average closing price during June 2023, resulting in a grant of 1,107 shares of stock. The shares of stock cannot be sold for a period of twelve months from the date of grant.
F2 Shares of Common Stock held by John P. Schauerman & Claudia H. Schauerman TR UA 08/12/10 Schauerman Family Trust.