RONALD N. TUTOR - 25 Aug 2022 Form 4 Insider Report for TUTOR PERINI CORP (TPC)

Role: Chairman & CEO, Director, 10%+ Owner
Signature: /s/ Anthony C. Fiore, Attorney-in-Fact
Issuer symbol: TPC
Transactions as of: 25 Aug 2022
Net transactions value: $0
Form type: 4
Filing time: 29 Aug 2022, 17:02:23 UTC
Previous filing: 08 Jun 2022
Next filing: 10 Mar 2023
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		+91,995			91,995	25 Aug 2022	Direct	F1
transaction	TPC	Common Stock	Gift	$0	-91,995	-100%	$0.000000^*	0	25 Aug 2022	Direct
transaction	TPC	Common Stock	Gift	$0	+91,995	+2.8%	$0.000000	3,435,300	25 Aug 2022	By Tutor Marital Property Trust
holding	TPC	Common Stock						2,412,267	25 Aug 2022	By Ronald N. Tutor Separate Property Trust
holding	TPC	Common Stock						1,533,255	25 Aug 2022	By Ronald N. Tutor 2009 Dynasty Trust

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	-91,995	-33%	$0.000000	183,991	25 Aug 2022	Common Stock	91,995		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 August 25, 2021, the reporting person was granted 275,986 RSUs, of which 91,995 vest on each of August 25, 2022 and 2023, and 91,996 vest on August 25, 2024, contingent upon the reporting person's continued employment through these dates.