Tutor Perini (TPC) Form 4 TUTOR PERINI / RONALD N TUTOR ownership change

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

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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)
03/08/2024

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	03/08/2024		M		176,729	A	(1)	176,729	D
Common Stock	03/08/2024		F		51,383	D	$12.71(1)	125,346	D
Common Stock	03/08/2024		G		125,346	D	$0	0	D
Common Stock	03/08/2024		G		125,346	A	$0	3,362,286	I	By Tutor Marital Property Trust
Common Stock	03/09/2024		M		105,256	A	(1)	105,256	D
Common Stock	03/09/2024		F		30,602	D	$12.71	74,654	D
Common Stock	03/09/2024		G		74,654	D	$0	0	D
Common Stock	03/09/2024		G		74,654	A	$0	3,436,940	I	By Tutor Marital Property Trust
Common Stock								2,412,267	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)	03/08/2024		M			176,729	(2)	(2)	Common Stock	176,729	$0	353,459	D
Restricted Stock Units	(1)	03/09/2024		M			105,256	(3)	(3)	Common Stock	105,256	$0	105,257	D

Explanation of Responses:

1. The restricted stock units (RSUs) convert into common stock of Tutor Perini Corporation on a 1-for-1 basis.

2. On March 8, 2023, the reporting person was granted 530,188 RSUs, of which 176,729 vest on each of March 8, 2024 and 2025, and 176,730 vest on March 8, 2026, contingent upon the reporting person's continued employment through these dates.

3. On March 9, 2022, the reporting person was granted 315,769 RSUs, of which 105,256 vest on each of March 9, 2023 and 2024, and 105,257 vest on March 9, 2025, contingent upon the reporting person's continued employment through these dates.

Remarks:

	/s/ Anthony C. Fiore, Attorney-in-Fact	03/12/2024
	** 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).
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