John P. Schauerman - 01 May 2024 Form 4 Insider Report for Primoris Services Corp (PRIM)

Role
Director
Signature
/s/ Kenneth M. Dodgen
Issuer symbol
PRIM
Transactions as of
01 May 2024
Net transactions value
$0
Form type
4
Filing time
02 May 2024, 18:15:23 UTC
Previous filing
21 Mar 2024
Next filing
21 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRIM Common Stock Award +800 +80% 1,798 01 May 2024 Direct F1
holding PRIM Common Stock 217,281 01 May 2024 By Trust F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The non-employee director compensation program adopted by the Board in May 2011 and updated August 2022, provides for the issuance of restricted stock with a value of $32,500. The price per share was based on the average closing price during March 2024, resulting in a grant of 800 shares of stock. The shares of stock cannot be sold for a period of twelve months from the date of grant.
F2 Shares of Common Stock held by John P. Schauerman & Claudia H. Schauerman TR UA 08/12/10 Schauerman Family Trust.