X0306 4 2017-05-22 0 0001361538 Primoris Services Corp PRIM 0001707945 Dodgen Kenneth Morris C/O PRIMORIS SERVICES CORPORTATION 2300 NORTH FIELD STREET, SUITE 1900 DALLAS TX 75201 0 1 0 0 Chief Financial Officer Common Stock 2019-03-08 4 A 0 3163 15.81 A 3163 D Restricted Stock Units 2017-05-22 4 A 0 10000 0 A Common Stock 10000 10000 D Restricted Stock Units 2018-06-29 4 A 0 7 0 A Common Stock 7 10007 D Restricted Stock Units 2018-09-28 4 A 0 8 0 A Common Stock 8 10015 D Restricted Stock Units 2018-10-03 4 A 0 6161 0 A Common Stock 6161 16176 D Restricted Stock Units 2018-12-31 4 A 0 11 0 A Common Stock 11 16187 D Restricted Stock Units 2019-03-29 4 A 0 10 0 A Common Stock 10 16197 D Purchased PRIM Common Stock shares as part of Primoris Services Corporation's (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 2018. Shares cannot be sold for 6 months. Each restricted stock unit represents a contingent right to receive one share of PRIM common stock or the cash value thereof on the date of settlement, in the Company's discretion. The restricted stock units vest in three equal annual installments on each of the first through third anniversaries of the May 22, 2017, subject to accelerated vesting upon the reporting person's termination without cause, death, disability, or a change in control of the Company. Vested restricted stock units will be settled in stock or cash on the earlier of (i) six months following the reporting person's termination of employment; (ii) the date of the reporting person's death or the date the reporting person becomes disabled; (iii) the date of a change in control of the Company; or (iv) May 22, 2020. Represents dividend equivalent units in the form of restricted stock units with respect to vested restricted stock units. Vested restricted stock units will be settled in stock or cash on the earlier of (i) six months following the reporting person's termination of employment; (ii) the date of the reporting person's death or the date the reporting person becomes disabled; (iii) the date of a change in control of the Company; or (iv) May 22, 2020. The restricted stock units vest in three equal annual installments on each of the first through third anniversaries of the October 3, 2018, subject to accelerated vesting upon the reporting person's termination without cause, death, disability, or a change in control of the Company. Vested restricted stock units will be settled in stock or cash on the earlier of (i) six months following the reporting person's termination of employment; (ii) the date of the reporting person's death or the date the reporting person becomes disabled; (iii) the date of a change in control of the Company; or (iv) October 3, 2021. /s/ Kenneth M. Dodgen, by power of attorney 2019-04-03