McCormick Thomas Edward 4
4 · Primoris Services Corp · Filed Jul 2, 2024
Insider Transaction Report
Form 4
McCormick Thomas Edward
DirectorCEO & PRESIDENT
Transactions
- Exercise/Conversion
Restricted Stock Units
2024-06-29−25,441→ 59,520 total→ Common Stock (25,441 underlying) - Exercise/Conversion
Common Stock
2024-06-29+25,441→ 86,402 total - Tax Payment
Common Stock
2024-06-29$49.89/sh−10,012$499,499→ 76,390 total
Footnotes (2)
- [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 June 29, 2024, the restricted stock units vested and were settled for an equal number of shares of PRIM common stock.
- [F2]Witholding of common stock to satisfy reporting person's tax obligation upon the settlement of vested restricted stock units.