Ariqat Ghassan 4
4 · TUTOR PERINI CORP · Filed Apr 3, 2024
Insider Transaction Report
Form 4
Ariqat Ghassan
Executive Vice President
Transactions
- Exercise/Conversion
Common Stock
2024-04-01+30,000→ 41,855 total - Disposition to Issuer
Common Stock
2024-04-01$14.80/sh−30,000$444,000→ 11,855 total - Exercise/Conversion
Phantom Stock Units
2024-04-01−30,000→ 30,000 total→ Common Stock (30,000 underlying)
Footnotes (2)
- [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.