Ariqat Ghassan 4
4 · TUTOR PERINI CORP · Filed Jan 30, 2023
Insider Transaction Report
Form 4
Ariqat Ghassan
Executive Vice President
Transactions
- Award
Phantom Stock Units
2023-01-26+90,000→ 90,000 total→ Common Stock (90,000 underlying)
Footnotes (2)
- [F1]The phantom stock units are settled in cash at a value equal to the number of units vested multiplied by the closing price per share of Tutor Perini Corporation's common stock on the applicable vesting date.
- [F2]On January 26, 2023, the reporting person was granted 90,000 cash-settled phantom stock units, of which 30,000 vest on each of April 1, 2023, 2024 and 2025, contingent upon the reporting person's continued employment through these dates.