Travis Stricker - 09 Sep 2022 Form 4 Insider Report for Primoris Services Corp (PRIM)

Signature
/s/ Kenneth M. Dodgen, Attorney-in-Fact
Issuer symbol
PRIM
Transactions as of
09 Sep 2022
Net transactions value
+$14,591
Form type
4
Filing time
13 Sep 2022, 18:03:11 UTC
Previous filing
02 Mar 2022
Next filing
13 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRIM Common Stock Award $14,998 +860 +10% $17.44 9,221 09 Sep 2022 Direct F1
transaction PRIM Common Stock Tax liability $407 -21 -0.23% $19.38 9,200 09 Sep 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In accordance with the Primoris Services Corporation 2022 Employee Stock Purchase Plan ("ESPP"), the shares purchased are for the purchase period August 11, 2022 to September 9, 2022. These shares were purchased based on 90% of the closing price of the Issuer's common stock on September 8, 2022.
F2 Shares withheld by Issuer to satisfy the tax withholding obligation in connection with the taxable income from the discount on ESPP shares purchased.