Christopher F. Carroll - 28 Feb 2023 Form 4 Insider Report for INTERPUBLIC GROUP OF COMPANIES, INC. (IPG)

Role
SVP, Controller & CAO
Signature
/s/Robert Dobson POA for Christopher Carroll
Issuer symbol
IPG
Transactions as of
28 Feb 2023
Net transactions value
-$53,885
Form type
4
Filing time
02 Mar 2023, 15:57:27 UTC
Previous filing
02 Mar 2022
Next filing
30 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IPG Common Stock Award $283,371 +7,942 +14% $35.68 64,923 28 Feb 2023 Direct F1, F2
transaction IPG Common Stock Award $581,762 +16,305 +25% $35.68 81,228 28 Feb 2023 Direct F2, F3
transaction IPG Common Stock Tax liability $332,359 -9,315 -11% $35.68 71,913 28 Feb 2023 Direct F2, F4
transaction IPG Common Stock Sale $586,659 -16,507 -23% $35.54 55,406 01 Mar 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. Carroll 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 $35.39-$35.58. Mr. Carroll 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 each separate price.