Gary G. Smalley - 11 Nov 2022 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
11 Nov 2022
Net transactions value
-$321,953
Form type
4
Filing time
15 Nov 2022, 18:13:05 UTC
Previous filing
17 Nov 2021
Next filing
14 Mar 2025
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 +34,932 +24% 179,146 11 Nov 2022 Direct F1
transaction TPC Common Stock Tax liability $134,262 -18,168 -10% $7.39* 160,978 11 Nov 2022 Direct
transaction TPC Common Stock Options Exercise +42,500 +26% 203,478 15 Nov 2022 Direct F1
transaction TPC Common Stock Tax liability $187,691 -25,996 -13% $7.22* 177,482 15 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 -34,932 -33% $0.000000 69,864 11 Nov 2022 Common Stock 34,932 Direct F1, F2
transaction TPC Restricted Stock Units Options Exercise $0 -42,500 -100% $0.000000* 0 15 Nov 2022 Common Stock 42,500 Direct F1, F3
* 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 104,796 RSUs, of which 34,932 vest on each of November 11, 2022, 2023 and 2024, contingent upon the reporting person's continued employment through these dates.
F3 On November 15, 2019, the reporting person was granted 42,500 RSUs that vested on November 15, 2022, contingent upon the reporting person's continued employment through this date.