Hallgren Wendy Ann 4
4 · TUTOR PERINI CORP · Filed Sep 20, 2019
Insider Transaction Report
Form 4
Hallgren Wendy Ann
EVP and General Counsel
Transactions
- Award
Restricted Stock Units
2019-09-19+50,000→ 50,000 totalFrom: 2022-09-19→ Common Stock (50,000 underlying) - Award
Employee Stock Option (Right to Buy)
2019-09-19+50,000→ 50,000 totalExercise: $13.00From: 2022-09-19Exp: 2029-09-19→ Common Stock (50,000 underlying)
Footnotes (3)
- [F1]The employee stock options become exercisable on September 19, 2022, contingent upon the reporting person's continued employment through this date.
- [F2]Each restricted stock unit entitles the holder to one share of common stock of Tutor Perini Corporation and, if the stock price is less than $20.00 per share on the settlement date, a payment in cash or shares, at the option of Tutor Perini Corporation, of the difference between the stock price and $20.00.
- [F3]The restricted stock units vest on September 19, 2022, contingent upon the reporting person's continued employment through this date.