SEC Form 4 · accession 0001140361-15-014986
TUTOR PERINI CORP · TPC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James A Frost
Officer — President and COO
Period of report
Apr 9, 2015
Accepted (ET)
Apr 9, 2015 · 7:47 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000077543
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Apr 9, 2015 | A | 100,000 | A | Mar 15, 2017 | — | Common Stock | 100,000 | 100,000 | D |
| Employee Stock Option (Right to Buy)F3 | $23.56 | Apr 9, 2015 | A | 100,000 | A | Mar 15, 2017 | Apr 9, 2025 | Common Stock | 100,000 | 100,000 | D |
| Restricted Stock UnitsF1,F2 | — | Apr 9, 2015 | A | 100,000 | A | Mar 15, 2018 | — | Common Stock | 100,000 | 100,000 | D |
| Employee Stock Option (Right to Buy)F3 | $23.56 | Apr 9, 2015 | A | 100,000 | A | Mar 15, 2018 | Apr 9, 2025 | Common Stock | 100,000 | 100,000 | D |
Explanation of responses
- F1The restricted stock units convert into common stock of Tutor Perini Corporation (the "Company") on a 1 for 1 basis upon vesting.
- F2The restricted stock units vest on March 15, 2017 and Mar 15, 2018 upon the achievement of certain performance criteria for fiscal years 2016 and 2017.
- F3The stock options become exercisable on March 15, 2017 and March 15, 2018 based upon the achievement of certain performance criteria for fiscal years 2016 and 2017.