Gary G. Smalley - 15 Nov 2021 Form 4 Insider Report for TUTOR PERINI CORP (TPC)

Role: Executive VP and CFO
Signature: /s/ Anthony C. Fiore, Attorney-in-Fact
Issuer symbol: TPC
Transactions as of: 15 Nov 2021
Net transactions value: -$361,645
Form type: 4
Filing time: 17 Nov 2021, 15:32:42 UTC
Previous filing: 15 Nov 2021
Next filing: 15 Nov 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TPC	Common Stock	Options Exercise		+42,500	+34%		168,666	15 Nov 2021	Direct	F1
transaction	TPC	Common Stock	Tax liability	$361,645	-24,452	-14%	$14.79^*	144,214	15 Nov 2021	Direct

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	-42,500	-100%	$0.000000^*	0	15 Nov 2021	Common Stock	42,500		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 November 16, 2018, the reporting person was granted 42,500 RSUs that vested on November 15, 2021, contingent upon the reporting person's continued employment through this date.