SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
  
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
TUTOR RONALD N

(Last) (First) (Middle)
C/O TUTOR PERINI CORPORATION
15901 OLDEN STREET

(Street)
SYLMAR CA 91342

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TUTOR PERINI CORP [ TPC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
X Officer (give title below) Other (specify below)
Chairman & CEO
3. Date of Earliest Transaction (Month/Day/Year)
03/15/2019
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/15/2019 M 122,193 A (1) 122,193 D
Common Stock 03/15/2019 F 60,583 D $18.51 61,610 D
Common Stock 03/15/2019 G V 61,610 D $0 0 D
Common Stock 03/15/2019 G V 61,610 A $0 1,561,610 I By Tutor Marital Property Trust
Common Stock 5,614,050 I By Ronald N. Tutor Separate Property Trust
Common Stock 1,533,255 I By Ronald N. Tutor 2009 Dynasty Trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 03/15/2019 M 122,193 (2) (2) Common Stock 122,193 $0 27,807 D
Restricted Stock Units (1) 03/15/2019 D 27,807 (2) (2) Common Stock 27,807 $0 0 D
Employee Stock Option (Right to Buy) $24.05 03/15/2019 D 27,807 (2) (2) Common Stock 27,807 $0 248,199(3) I By Tutor Marital Property Trust
Explanation of Responses:
1. The restricted stock units (RSUs) convert into common stock of Tutor Perini Corporation on a 1-for-1 basis upon vesting.
2. On March 13, 2018, the reporting person was granted 150,000 RSUs and 150,000 stock options (SOs) vesting on March 15, 2019, based on the achievement of a performance target for fiscal year 2018; approximately 81% of the award was earned. The RSUs and SOs were previously voluntarily reported on Form 4. The SOs were also previously reported on Form 5.
3. Includes 126,006 stock options that vested on March 15, 2018 based upon the achievement of performance criteria for the year ended December 31, 2017, as reported on Form 4 on March 19, 2018.
/s/John D. Barrett, Attorney-in-Fact 03/19/2019
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.