SEC Form 4 · accession 0001179110-18-002976
Primoris Services Corp · PRIM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter J Moerbeek
Officer — Exec. VP, CFO · Director
Period of report
Feb 26, 2018
Accepted (ET)
Feb 27, 2018 · 5:14 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001361538
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 26, 2018 | P | 3,195 | $20.87 | A | 28,863 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Purchased Common Stock shares as part of the Company's Long-Term Retention Plan. The Plan provides certain management employees the opportunity to purchase Company stock with a defined portion of their annual incentive compensation at a discount to the market price. Purchases were made at a 25% reduction to the average closing price during December 2017. Shares cannot be sold for 6 months.