Travis Stricker - 31 Jan 2024 Form 4 Insider Report for Primoris Services Corp (PRIM)

Role
CHIEF ACCOUNTING OFFICER
Signature
/s/ Kenneth M. Dodgen
Issuer symbol
PRIM
Transactions as of
31 Jan 2024
Net transactions value
-$18,760
Form type
4
Filing time
01 Feb 2024, 18:54:55 UTC
Previous filing
03 Jul 2023
Next filing
05 Mar 2024
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 +1,250 +10% 13,533 31 Jan 2024 Direct F1
transaction PRIM Common Stock Tax liability $18,760 -559 -4.1% $33.56 12,974 31 Jan 2024 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 -1,250 -8.9% $0.000000 12,847 31 Jan 2024 Common Stock 1,250 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 January 31, 2024, 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.