Form 4 for TPC TUTOR PERINI CORP

Accepted 2022-09-21 00:00:00 ET · period of report 2022-09-19 · accession 0001567619-22-017696 · 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	2022-09-21	2022-09-19	TPC	Hallgren Wendy Ann	EVP, GC	M - OptEx	—	+50.0K	50.0K	New	—
D	2022-09-21	2022-09-19	TPC	Hallgren Wendy Ann	EVP, GC	F - Tax	$6.96	-26.3K	23.7K	-53%	-$183.2K
D	2022-09-21	2022-09-19	TPC	Hallgren Wendy Ann	EVP, GC	M - OptEx	$0.00	-50.0K	0	-100%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2022-09-19	M	A	50,000	—	50,000	D	—	—	(F1) Each restricted stock unit (RSU) entitles the holder to one share of common stock of Tutor Perini Corporation and, if the stock price is less than $20.00 per share on the settlement date, a payment in cash or shares, at the option of Tutor Perini Corporation, of the difference between the stock price and $20.00. The difference between the stock price and $20.00 per share was settled in cash.
2	Common	Common Stock	2022-09-19	F	D	26,325	$6.96	23,675	D	—	—
3	Derivative	Restricted Stock Units	2022-09-19	M	D	50,000	$0.00	0	D	— · — to —	50,000 Common Stock	(F1) Each restricted stock unit (RSU) entitles the holder to one share of common stock of Tutor Perini Corporation and, if the stock price is less than $20.00 per share on the settlement date, a payment in cash or shares, at the option of Tutor Perini Corporation, of the difference between the stock price and $20.00. The difference between the stock price and $20.00 per share was settled in cash. (F2) On September 19, 2019, the reporting person was granted 50,000 RSUs that vested on September 19, 2022, contingent upon the reporting person's continued employment through this date.