Charles L. Harrington - 02 Mar 2022 Form 4 Insider Report for PARSONS CORP (PSN)

Role
Chairman, Director
Signature
/s/ Michael R. Kolloway, as attorney-in-fact
Issuer symbol
PSN
Transactions as of
02 Mar 2022
Net transactions value
-$1,340,849
Form type
4
Filing time
04 Mar 2022, 16:08:59 UTC
Previous filing
02 Mar 2022
Next filing
08 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PSN Common Stock Award $0 +85,350 +77% $0.000000 195,846 02 Mar 2022 Direct F1
transaction PSN Common Stock Tax liability $1,340,849 -38,508 -20% $34.82 157,338 02 Mar 2022 Direct
holding PSN Common Stock 8,000 02 Mar 2022 By Spouse
holding PSN Common Stock 89,897 02 Mar 2022 By ESOP
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 1, 2019, the reporting person was granted an award of restricted stock units, which vest in the form of common stock based upon the Issuer's performance against certain strategic objective goals. On March 2, 2022, the Compensation Committee of the Issuer's Board of Directors determined that the strategic objective goals had been met, resulting in the vesting of these shares.