Michael R. Kolloway - 27 Feb 2024 Form 4 Insider Report for PARSONS CORP (PSN)

Role
Chief Legal Officer and Secretary
Signature
/s/ Michael R. Kolloway
Issuer symbol
PSN
Transactions as of
27 Feb 2024
Net transactions value
-$491,375
Form type
4
Filing time
29 Feb 2024, 16:30:52 UTC
Previous filing
28 Feb 2024
Next filing
28 Feb 2025
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 +17,139 +25% $0.000000 85,726 27 Feb 2024 Direct F1, F2
transaction PSN Common Stock Tax liability $491,375 -6,101 -7.1% $80.54 79,625 27 Feb 2024 Direct
holding PSN Common Stock 5,793 27 Feb 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 520 shares of common stock automatically purchased on behalf of the reporting person pursuant to the terms of the Parsons Employee Stock Purchase Plan.

Remarks:

Chief Legal Officer and Secretary