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PARSONS CORP — Director's Dealing 2021
Jan 5, 2021
30685_dirs_2021-01-05_980a022a-0706-4c78-a4e3-79842afdbb8b.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PARSONS CORP (PSN)
CIK: 0000275880
Period of Report: 2020-12-31
Reporting Person: Harrington Charles L. (Director, Chairman & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-12-31 | Common Stock | M | 26667 | $0.00 | Acquired | 61334 | Direct |
| 2020-12-31 | Common Stock | F | 21179 | $36.41 | Disposed | 40155 | Direct |
| 2020-12-31 | Common Stock | M | 596154 | — | Acquired | 636309 | Direct |
| 2020-12-31 | Common Stock | D | 66171 | $33.68 | Disposed | 570138 | Direct |
| 2020-12-31 | Common Stock | D | 529983 | $11.01 | Disposed | 40155 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-12-31 | Restricted Stock Unit | $ | M | 26667 | Disposed | 2022-03-15 | Common Stock (26667) | Direct |
| 2020-12-31 | Phantom Stock | $ | M | 66171 | Disposed | 2021-03-15 | Common Stock (66171) | Direct |
| 2020-12-31 | Phantom Stock | $ | M | 529983 | Disposed | 2021-03-15 | Common Stock (529983) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 8000 | Indirect |
| Common Stock | 85854 | Indirect |
Footnotes
F1: Each share of phantom stock represents a right to receive the cash value of one share of Issuer's common stock. The value of the phantom stock will be determined based on the Issuer's share price at the time of payment.
F2: Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's common stock. Following the transaction reported herein, the remaining Restricted Stock Units subject to this award will vest in one equal annual installment on December 31, 2021, subject to the Reporting Person's continued employment with Issuer on each such vesting date.
F3: This award vested in full on December 31, 2020 and will be paid in cash in the first quarter of 2021.