Carey A. Smith - Feb 27, 2024 Form 4 Insider Report for PARSONS CORP (PSN)

Role
President & CEO, Director
Signature
/s/ Michael R. Kolloway, as attorney-in-fact
Stock symbol
PSN
Transactions as of
Feb 27, 2024
Transactions value $
-$3,012,518
Form type
4
Date filed
2/29/2024, 04:31 PM
Previous filing
Feb 28, 2024
Next filing
Apr 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PSN Common Stock Award $0 +82.9K +26.06% $0.00 401K Feb 27, 2024 Direct F1, F2
transaction PSN Common Stock Tax liability -$3.01M -37.4K -9.32% $80.54 364K Feb 27, 2024 Direct
holding PSN Common Stock 4.72K Feb 27, 2024 By ESOP
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 1, 2021, 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 27, 2024, 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.
F2 Includes 519 shares of common stock automatically purchased on behalf of the reporting person pursuant to the terms of the Parsons Employee Stock Purchase Plan.