Gary G. Smalley - Nov 11, 2022 Form 4 Insider Report for TUTOR PERINI CORP (TPC)

Role
Executive VP and CFO
Signature
/s/ Anthony C. Fiore, Attorney-in-Fact
Stock symbol
TPC
Transactions as of
Nov 11, 2022
Transactions value $
-$321,953
Form type
4
Date filed
11/15/2022, 06:13 PM
Previous filing
Nov 17, 2021
Next filing
Nov 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPC Common Stock Options Exercise +34.9K +24.22% 179K Nov 11, 2022 Direct F1
transaction TPC Common Stock Tax liability -$134K -18.2K -10.14% $7.39* 161K Nov 11, 2022 Direct
transaction TPC Common Stock Options Exercise +42.5K +26.4% 203K Nov 15, 2022 Direct F1
transaction TPC Common Stock Tax liability -$188K -26K -12.78% $7.22* 177K Nov 15, 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 -34.9K -33.33% $0.00 69.9K Nov 11, 2022 Common Stock 34.9K Direct F1, F2
transaction TPC Restricted Stock Units Options Exercise $0 -42.5K -100% $0.00* 0 Nov 15, 2022 Common Stock 42.5K 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.