Wendy Ann Hallgren - 11 Nov 2022 Form 4 Insider Report for TUTOR PERINI CORP (TPC)

Role: EVP and General Counsel
Signature: /s/ Anthony C. Fiore, Attorney-in-Fact
Issuer symbol: TPC
Transactions as of: 11 Nov 2022
Net transactions value: -$23,434
Form type: 4
Filing time: 15 Nov 2022, 18:09:25 UTC
Previous filing: 21 Sep 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		+6,023	+25%		29,698	11 Nov 2022	Direct	F1
transaction	TPC	Common Stock	Tax liability	$23,434	-3,171	-11%	$7.39^*	26,527	11 Nov 2022	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	-6,023	-33%	$0.000000	12,046	11 Nov 2022	Common Stock	6,023		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 11, 2021, the reporting person was granted 18,069 RSUs, of which 6,023 vest on each of November 11, 2022, 2023 and 2024, contingent upon the reporting person's continued employment through these dates.