4//SEC Filing
PERINI CORP 4
Accession 0000077543-09-000002
$TPCCIK 0000077543operating
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 3:37 PM ET
Size
11.5 KB
Accession
0000077543-09-000002
Insider Transaction Report
Form 4
PERINI CORPPCR
SHAW CRAIG W
Executive Vice President
Transactions
- Exercise/Conversion
Common Stock
2009-01-01+50,000→ 80,000 total - Sale
Common Stock
2009-01-02$23.70/sh−3,000$71,092→ 70,000 total - Exercise/Conversion
Restricted Stock Unit
2009-01-01−50,000→ 0 totalFrom: 2009-01-01→ Common Stock (50,000 underlying) - Sale
Common Stock
2009-01-02$23.17/sh−7,000$162,185→ 73,000 total
Footnotes (7)
- [F1]The restricted stock units convert into common stock of Perini Corporation (the "Company") on a 1 for 1 basis subject to the Company having achieved certain performance criteria for fiscal year 2007.
- [F2]The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 17, 2008.
- [F3]Represents the weighted average sales price of shares sold at prices ranging from $22.5565 to $23.50 per share. The reporting person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- [F4]Represents the weighted average sales price of shares sold at prices ranging from $23.56 to $23.944 per share. The reporting person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- [F5]The restricted stock units were granted on April 5, 2006.
- [F6]The restricted stock units vested on January 1, 2009 based on the Company having achieved certain performance criteria for fiscal year 2007.
- [F7]The reporting person continues to hold 50,000 restricted stock units granted on April 5, 2006 which vest on January 1, 2010, subject to the Company's compensation committee's determination that certain performance criteria for fiscal year 2008 have been met.
Documents
Issuer
PERINI CORP
CIK 0000077543
Entity typeoperating
IncorporatedMA
Related Parties
1- filerCIK 0000077543
Filing Metadata
- Form type
- 4
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 3:37 PM ET
- Size
- 11.5 KB