4//SEC Filing
McCormick Thomas Edward 4
Accession 0001415889-24-006905
CIK 0001361538other
Filed
Mar 4, 7:00 PM ET
Accepted
Mar 5, 8:08 PM ET
Size
13.1 KB
Accession
0001415889-24-006905
Insider Transaction Report
Form 4
McCormick Thomas Edward
DirectorCEO & PRESIDENT
Transactions
- Exercise/Conversion
Common Stock
2024-03-01+22,949→ 59,055 total - Award
Common Stock
2024-03-01+34,524→ 93,579 total - Tax Payment
Common Stock
2024-03-01$39.64/sh−22,618$896,578→ 70,961 total - Exercise/Conversion
Restricted Stock Units
2024-03-01−22,949→ 63,017 total→ Common Stock (22,949 underlying) - Award
Restricted Stock Units
2024-03-01+21,944→ 84,961 total→ Common Stock (21,944 underlying)
Footnotes (5)
- [F1]Each restricted stock unit represents a contingent right to receive one share of PRIM common stock or the cash value thereof on the date of settlement, in the Company's discretion. On March 1, 2024, the restricted stock units vested and were settled for an equal number of shares of PRIM common stock.
- [F2]These shares represent the acquisition of common stock resulting from the vesting of earned performance stock units issued under an equity incentive plan of the Company.
- [F3]Withholding of common stock to satisfy reporting person's tax obligation upon the settlement of vested restricted stock units and performance stock units.
- [F4]Each restricted stock unit represents a contingent right to receive one share of PRIM common stock or the cash value thereof on the date of settlement, in the Company's discretion.
- [F5]The restricted stock units vest 25% on March 1, 2025, 25% on March 1, 2026, and 50% on March 1, 2027.
Documents
Issuer
Primoris Services Corp
CIK 0001361538
Entity typeother
Related Parties
1- filerCIK 0001704011
Filing Metadata
- Form type
- 4
- Filed
- Mar 4, 7:00 PM ET
- Accepted
- Mar 5, 8:08 PM ET
- Size
- 13.1 KB