Hallgren Wendy Ann 4
4 · TUTOR PERINI CORP · Filed Sep 21, 2022
Insider Transaction Report
Form 4
Hallgren Wendy Ann
EVP and General Counsel
Transactions
- Exercise/Conversion
Common Stock
2022-09-19+50,000→ 50,000 total - Exercise/Conversion
Restricted Stock Units
2022-09-19−50,000→ 0 total→ Common Stock (50,000 underlying) - Tax Payment
Common Stock
2022-09-19$6.96/sh−26,325$183,222→ 23,675 total
Footnotes (2)
- [F1]Each restricted stock unit (RSU) 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. The difference between the stock price and $20.00 per share was settled in cash.
- [F2]On September 19, 2019, the reporting person was granted 50,000 RSUs that vested on September 19, 2022, contingent upon the reporting person's continued employment through this date.