Quanta Services Says Certain Executive Officers To Submit Form 4 Filings - Quick Facts

Posted on Friday, February 29, 2008 12:08 PM

(RTTNews) - Quanta Services, Inc. (PWR) on Friday said certain of its executive officers would submit Form 4 filings pursuant to Section 16 of the Securities Exchange Act of 1934. Under the 2001 Stock Incentive Plan of the company, certain of its employees, including certain executive officers, previously received restricted stock awards, a portion of which vested on February 28. Quanta withheld shares of stock from certain of its executive officers to satisfy their tax obligations. The Form 4 filings will report as 'dispositions' the number of shares withheld by Quanta and will reflect that the dispositions are exempt transactions in accordance with Rule 16b-3 under the Exchange Act. For comments and feedback: contact editorial@rttnews.com