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PARSONS CORP — Director's Dealing 2020
Apr 23, 2020
30685_dirs_2020-04-23_051a7234-a565-468a-a0ef-e0e08a882af9.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: PARSONS CORP (PSN)
CIK: 0000275880
Period of Report: 2020-04-21
Reporting Person: Fiori Debra (Chief People Officer)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1460 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $ | Common Stock (5027) | Direct | ||
| Restricted Stock Units | $ | Common Stock (4466) | Direct | ||
| Phantom Stock | $ | Common Stock (5904) | Direct | ||
| Phantom Stock | $ | Common Stock (47298) | Direct |
Footnotes
F1: The restricted stock units will vest in three equal annual installments on March 4, 2021, March 4, 2022 and March 4, 2023, subject to the Reporting Person's continued employment with the Issuer on each such vesting date.
F2: Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
F3: The restricted stock units will vest in two equal annual installments on December 31, 2020 and December 31, 2021, subject to the Reporting Person's continued employment with the Issuer on each such vesting date.
F4: Represents an award granted in 2018 under the Issuer's Restricted Award Plan. Each share of phantom stock represents a right to receive the cash value of one share of the Issuer's common stock. The award will vest on December 31, 2020, subject to the Reporting Person's continued employment with the Issuer on such vesting date. The award will be paid in cash. The value of the phantom stock will be determined based on the trailing 60 trading day weighted average stock price on the vesting date.
F5: Represents an award granted in 2018 under the Issuer's Shareholder Value Plan. Each share of phantom stock represents a right to receive the cash value of one share of the Issuer's common stock less the base price per unit of the award. The award will vest on December 31, 2020, subject to the Reporting Person's continued employment with the Issuer on such vesting date. The award will be paid in cash. The value of the phantom stock will be determined based on the trailing 60 trading day weighted average stock price on the vesting date.