Form 4 for PSN PARSONS CORP
Accepted 2023-03-01 00:00:00 ET · period of report 2023-02-27 · accession 0000899243-23-006645 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2023-03-01 | 2023-02-27 | PSN | Smith Carey A. | Pres, CEO | A - Grant | $0.00 | +68.0K | 225.3K | +43% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-02-27 | A | A | 47,439 | $0.00 | 204,681 | D | — | — | (F1) Represents an award of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of common stock. The RSUs will vest in three equal annual installments beginning on February 26, 2024 and have no expiration date. (F2) Includes 619 shares of common stock purchased on behalf of the reporting person pursuant to the terms of the Parsons Employee Stock Purchase Plan. |
| 2 | Common | Common Stock | 2023-02-27 | A | A | 20,602 | $0.00 | 225,283 | D | — | — | (F3) On March 5, 2020, the reporting person was granted an award of restricted stock units, which vest in the form of common stock based upon the Issuer's performance against certain strategic objective goals. On February 28, 2023, 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. |