PERINI CORP 4
4 · PERINI CORP · Filed Jan 4, 2008
Insider Transaction Report
Form 4
PERINI CORPPCR
BAND ROBERT
DirectorPresident
Transactions
- Exercise/Conversion
Common Stock
2008-01-02+33,333→ 35,844 total - Exercise/Conversion
Restricted Stock Unit
2008-01-02−33,333→ 0 totalFrom: 2008-01-02→ Common Stock (33,333 underlying) - Tax Payment
Common Stock
2008-01-02$41.30/sh−11,632$480,402→ 24,212 total
Footnotes (4)
- [F1]The restricted stock units convert into common stock of Perini Corporation (the "Company") on a 1 for 1 basis subject to the Company achieving certain performance criteria for fiscal year 2006.
- [F2]The restricted stock units were granted on April 5, 2006.
- [F3]The restricted stock units vested on January 2, 2008 based on the Company achieving certain performance criteria for fiscal year 2006.
- [F4]The reporting person continues to hold 66,667 restricted stock units granted on April 5, 2006 which vest in equal installments on January 1, 2009 and January 1, 2010, subject to the Company's compensation committee's determination that certain performance criteria for fiscal years 2007 and 2008, respectively, have been met.