Travis Stricker - 01 Mar 2024 Form 4 Insider Report for Primoris Services Corp (PRIM)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
05 Mar 2024, 20:25:58 UTC
Prior SEC filing
01 Feb 2024
Next SEC filing
11 Mar 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Kenneth M. Dodgen

Key filing fact

Travis Stricker filed Form 4 for Primoris Services Corp (PRIM) on 05 Mar 2024.

Key facts

  • This page summarizes Travis Stricker's Form 4 filing for Primoris Services Corp (PRIM).
  • 5 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 05 Mar 2024, 20:25.

Change

  • Previous filing in this sequence was filed on 01 Feb 2024.
  • Current net transaction value: -$68,260.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PRIM transaction

Common Stock

Options Exercise

Transaction value
Shares
+4,568
Change %
+35%
Price
Shares after
17,542
Date
01 Mar 2024
Ownership
Direct
Footnotes
F1
PRIM transaction

Common Stock

Award

Transaction value
Shares
+748
Change %
+4.3%
Price
Shares after
18,290
Date
01 Mar 2024
Ownership
Direct
Footnotes
F2
PRIM transaction

Common Stock

Tax liability

Transaction value
$68,260
Shares
-1,722
Change %
-9.4%
Price
$39.64
Shares after
16,568
Date
01 Mar 2024
Ownership
Direct
Footnotes
F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

PRIM transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-4,568
Change %
-36%
Price
$0.000000
Shares after
8,279
Date
01 Mar 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
4,568
Exercise price
Footnotes
F1
PRIM transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+2,026
Change %
+24%
Price
$0.000000
Shares after
10,305
Date
01 Mar 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,026
Exercise price
Footnotes
F4, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote 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 March 1, 2024, the restricted stock units vested and were settled for an equal number of shares of PRIM common stock.

Footnote F2

These shares represent the acquisition of common stock resulting from the vesting of earned performance stock units issued under an equity incentive plan of the Company.

Footnote F3

Withholding of common stock to satisfy reporting person's tax obligation upon the settlement of vested restricted stock units and performance stock units.

Footnote 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.

Footnote F5

The restricted stock units vest 25% on March 1, 2025, 25% on March 1, 2026, and 50% on March 1, 2027.

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