Philip J. Angelastro - Apr 21, 2023 Form 4 Insider Report for OMNICOM GROUP INC. (OMC)

Role
Executive Vice President & CFO
Signature
/s/ Eric J. Cleary, Attorney in Fact for Philip J. Angelastro
Stock symbol
OMC
Transactions as of
Apr 21, 2023
Transactions value $
-$2,615,787
Form type
4
Date filed
4/25/2023, 04:39 PM
Previous filing
Jul 5, 2022
Next filing
Mar 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OMC Common Stock, par value $0.15 per share Award $0 +54.6K +15.6% $0.00 405K Apr 21, 2023 Direct F1
transaction OMC Common Stock, par value $0.15 per share Tax liability -$2.62M -27.9K -6.89% $93.85 377K Apr 21, 2023 Direct F2
holding OMC Common Stock, par value $0.15 per share 1.61K Apr 21, 2023 By 401(K) Plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 29, 2020, the reporting person was granted performance restricted stock units ("PRSUs") which vest based on the company's return on equity as compared to that of an industry peer group. On April 21, 2023, the compensation committee of the board of directors of the company determined that the performance criteria had been met, resulting in the vesting of these shares.
F2 Represents shares withheld by the company for payment of tax liability incident to the vesting of PRSUs.