Ryan Joseph Soroka - 08 Mar 2023 Form 4 Insider Report for TUTOR PERINI CORP (TPC)

Role
VP & Chief Accounting Officer
Signature
/s/ Anthony C. Fiore, Attorney-in-Fact
Issuer symbol
TPC
Transactions as of
08 Mar 2023
Net transactions value
-$41,020
Form type
4
Filing time
10 Mar 2023, 15:54:24 UTC
Previous filing
22 Mar 2022
Next filing
14 Nov 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 +10,000 +67% 25,000 09 Mar 2023 Direct F1
transaction TPC Common Stock Tax liability $41,020 -4,866 -19% $8.43* 20,134 09 Mar 2023 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 Award $0 +30,000 $0.000000 30,000 08 Mar 2023 Common Stock 30,000 Direct F1, F2
transaction TPC Restricted Stock Units Options Exercise $0 -10,000 -33% $0.000000 20,000 09 Mar 2023 Common Stock 10,000 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 March 8, 2023, the reporting person was granted 30,000 RSUs, of which 10,000 vest on each of March 8, 2024, 2025 and 2026, contingent upon the reporting person's continued employment through these dates.
F3 On March 9, 2022, the reporting person was granted 30,000 RSUs, of which 10,000 vest on each of March 9, 2023, 2024 and 2025, contingent upon the reporting person's continued employment through these dates.