James A. Frost - May 23, 2021 Form 4 Insider Report for TUTOR PERINI CORP (TPC)

Role
President & COO, Director
Signature
/s/ Anthony C. Fiore, Attorney-in-Fact
Stock symbol
TPC
Transactions as of
May 23, 2021
Transactions value $
-$311,455
Form type
4
Date filed
5/25/2021, 06:47 PM
Previous filing
May 28, 2021
Next filing
May 28, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPC Common Stock Options Exercise +50K +8.66% 627K May 23, 2021 Direct F1
transaction TPC Common Stock Tax liability -$311K -19.7K -3.14% $15.83* 608K May 23, 2021 Direct
transaction TPC Common Stock Gift $0 -30.3K -4.99% $0.00 577K May 23, 2021 Direct
transaction TPC Common Stock Gift $0 +30.3K $0.00 30.3K May 23, 2021 By Frost Family Trust Dated September 23, 2004
transaction TPC Common Stock Gift $0 -277K -48.05% $0.00 300K May 25, 2021 Direct
transaction TPC Common Stock Gift $0 +277K +914.78% $0.00 308K May 25, 2021 By Frost Family Trust Dated September 23, 2004

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 TPC Restricted Stock Units Options Exercise $0 -50K -100% $0.00* 0 May 23, 2021 Common Stock 50K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units (RSUs) convert into common stock of Tutor Perini Corporation on a 1-for-1 basis.
F2 On May 23, 2018, the reporting person was granted 50,000 RSUs that vested on May 23, 2021, contingent upon the reporting person's continued employment through this date.