Michael R. Kolloway - Feb 27, 2023 Form 4 Insider Report for PARSONS CORP (PSN)

Role
Chief Legal Officer and Secretary
Signature
/s/ Michael R. Kolloway
Stock symbol
PSN
Transactions as of
Feb 27, 2023
Transactions value $
$0
Form type
4
Date filed
3/1/2023, 07:28 PM
Previous filing
Mar 8, 2022
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PSN Common Stock Award $0 +8.6K +17.82% $0.00 56.9K Feb 27, 2023 Direct F1, F2
transaction PSN Common Stock Award $0 +8.96K +15.75% $0.00 65.8K Feb 27, 2023 Direct F3
holding PSN Common Stock 5.37K Feb 27, 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 618 shares of common stock automatically 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 performance stock units (PSUs), 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.

Remarks:

Chief Legal Officer and Secretary