Carey A. Smith - 27 Feb 2023 Form 4 Insider Report for PARSONS CORP (PSN)

Role
President & CEO
Signature
/s/ Michael R. Kolloway, as attorney-in-fact
Issuer symbol
PSN
Transactions as of
27 Feb 2023
Net transactions value
$0
Form type
4
Filing time
01 Mar 2023, 19:26:26 UTC
Previous filing
05 Mar 2024
Next filing
07 Mar 2023
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 +47,439 +30% $0.000000 204,681 27 Feb 2023 Direct F1, F2
transaction PSN Common Stock Award $0 +20,602 +10% $0.000000 225,283 27 Feb 2023 Direct F3
holding PSN Common Stock 4,303 27 Feb 2023 By ESOP
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of common stock. The RSUs will vest in three equal annual installments beginning on February 26, 2024 and have no expiration date.
F2 Includes 619 shares of common stock purchased on behalf of the reporting person pursuant to the terms of the Parsons Employee Stock Purchase Plan.
F3 On March 5, 2020, 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 February 28, 2023, 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.