Kenneth M. Dodgen - 29 Jun 2021 Form 4 Insider Report for Primoris Services Corp (PRIM)

Role
Chief Financial Officer
Signature
/s/ Kenneth M. Dodgen
Issuer symbol
PRIM
Transactions as of
29 Jun 2021
Transactions value $
$0
Form type
4
Filing time
01 Jul 2021, 16:14:11 UTC
Next filing
04 Oct 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PRIM Common Stock 14,888 29 Jun 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PRIM Restricted Stock Units Award $0 +11,873 +59% $0 31,906 29 Jun 2021 Common Stock 11,873 Direct F1, F2
transaction PRIM Restricted Stock Units Award $0 +8 +0.03% $0 31,914 30 Jun 2021 Common Stock 8 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 The restricted stock units vest 25 percent on June 29, 2023, and 75 percent on June 29, 2024.
F3 Represents dividend equivalent units in the form of restricted stock units with respect to 4,151 vested restricted stock units. The 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.