Perisich John M. 4
4 · Primoris Services Corp · Filed Mar 4, 2025
Insider Transaction Report
Form 4
Perisich John M.
CHIEF LEGAL AND ADMIN OFFICER
Transactions
- Exercise/Conversion
Common Stock
2025-03-01+9,919→ 9,919 total - Award
Common Stock
2025-03-01+21,973→ 31,892 total - Award
Restricted Stock Units
2025-03-01+5,720→ 21,525 total→ Common Stock (5,720 underlying) - Exercise/Conversion
Restricted Stock Units
2025-03-01−9,919→ 15,805 total→ Common Stock (9,919 underlying) - Tax Payment
Common Stock
2025-03-01$71.74/sh−16,197$1,161,973→ 15,695 total
Holdings
- 145,214(indirect: By Trust)
Common Stock
Footnotes (6)
- [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, 2025, 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]These shares are owned directly by the Perisich Family Trust dated July 11, 2007 and indirectly by John M. Perisich, as trustee of the trust.
- [F5]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.
- [F6]The restricted stock units vest 25% on March 1, 2026, 25% on March 1, 2027, and 50% on March 1, 2028.