Andrew Bonzani - Feb 28, 2023 Form 4 Insider Report for INTERPUBLIC GROUP OF COMPANIES, INC. (IPG)

Signature
/s/Robert Dobson POA for Andrew Bonzani
Stock symbol
IPG
Transactions as of
Feb 28, 2023
Transactions value $
-$187,595
Form type
4
Date filed
3/2/2023, 03:40 PM
Previous filing
Mar 2, 2022
Next filing
Feb 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IPG Common Stock Award $800K +22.4K +19.15% $35.68 140K Feb 28, 2023 Direct F1, F2
transaction IPG Common Stock Award $1.84M +51.7K +37.04% $35.68 191K Feb 28, 2023 Direct F2, F3
transaction IPG Common Stock Tax liability -$1.45M -40.6K -21.21% $35.68 151K Feb 28, 2023 Direct F2, F4
transaction IPG Common Stock Sale -$1.38M -38.9K -25.81% $35.61 112K Mar 1, 2023 Direct F2, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted shares that will vest on February 28, 2026.
F2 Includes restricted shares that are subject to forfeiture under certain circumstances.
F3 Performance based shares, awarded to Mr. Bonzani on February 28, 2023 after achieving specific performance goals and vesting over the 2020-2023 period.
F4 This is not an open market sale, but rather it represents a surrender of shares to the company to satisfy withholding tax obligations.
F5 Open market sale.
F6 Reflects average price of multiple sales on March 1, 2023 ranging from $35.49-$35.70. Mr. Bonzani undertakes to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.