John Wren - Apr 21, 2023 Form 4 Insider Report for OMNICOM GROUP INC. (OMC)

Signature
/s/ John D. Wren
Stock symbol
OMC
Transactions as of
Apr 21, 2023
Transactions value $
-$14,605,345
Form type
4
Date filed
4/25/2023, 04:40 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 +132K +37.34% $0.00 484K Apr 21, 2023 Direct F1, F2
transaction OMC Common Stock, par value $0.15 per share Tax liability -$5.22M -55.6K -11.49% $93.85 428K Apr 21, 2023 Direct F3
transaction OMC Common Stock, par value $0.15 per share Sale -$9.38M -100K -23.34% $93.84 328K Apr 24, 2023 Direct F4
holding OMC Common Stock, par value $0.15 per share 865K Apr 21, 2023 By Trusts F2
holding OMC Common Stock, par value $0.15 per share 33.3K 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 Since the date of the reporting person's most recently filed Form 4, 20,264 shares were transferred by the reporting person to a revocable trust.
F3 Represents shares withheld by the company for payment of tax liability incident to the vesting of PRSUs.
F4 The reported sale price reflects the weighted average price of multiple transactions on April 24, 2023. The actual sales prices for the transactions ranged from $93.60 to $94.51. The reporting person undertakes to provide to Omnicom Group Inc., any security holder of Omnicom Group Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.