Form 4 for TPC TUTOR PERINI CORP
Accepted 2024-04-03 00:00:00 ET · period of report 2024-04-01 · accession 0000077543-24-000066 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-04-03 | 2024-04-01 | TPC | Ariqat Ghassan | EVP | M - OptEx | — | +30.0K | 41.9K | +253% | — |
| D | 2024-04-03 | 2024-04-01 | TPC | Ariqat Ghassan | EVP | D - Sale to Iss | $14.80 | -30.0K | 11.9K | -72% | -$444.0K |
| D | 2024-04-03 | 2024-04-01 | TPC | Ariqat Ghassan | EVP | M - OptEx | $0.00 | -30.0K | 30.0K | -50% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-04-01 | M | A | 30,000 | — | 41,855 | D | — | — | (F1) The phantom stock units are settled in cash at a value equal to the number of units vested multiplied by the closing price per share of Tutor Perini Corporation's common stock on the applicable vesting date. |
| 2 | Common | Common Stock | 2024-04-01 | D | D | 30,000 | $14.80 | 11,855 | D | — | — | |
| 3 | Derivative | Phantom Stock Units | 2024-04-01 | M | D | 30,000 | $0.00 | 30,000 | D | — · — to — | 30,000 Common Stock | (F1) The phantom stock units are settled in cash at a value equal to the number of units vested multiplied by the closing price per share of Tutor Perini Corporation's common stock on the applicable vesting date. (F2) On January 26, 2023, the reporting person was granted 90,000 cash-settled phantom stock units, of which 30,000 vest on each of April 1, 2023, 2024 and 2025, contingent upon the reporting person's continued employment through these dates. |