PARSONS CORP — Director's Dealing 2021

Jan 5, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PARSONS CORP (PSN)
CIK: 0000275880
Period of Report: 2020-12-31

Reporting Person: Ball George L. (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-31	Common Stock	M	5000	$0.00	Acquired	10000	Direct
2020-12-31	Common Stock	F	2223	$36.41	Disposed	7777	Direct
2020-12-31	Common Stock	M	115254	—	Acquired	123031	Direct
2020-12-31	Common Stock	D	12792	$33.68	Disposed	110239	Direct
2020-12-31	Common Stock	D	102462	$11.01	Disposed	7832	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-12-31	Restricted Stock Unit	$	M	5000	Disposed	2022-03-15	Common Stock (5000)	Direct
2020-12-31	Phantom Stock	$	M	12792	Disposed	2021-03-15	Common Stock (12792)	Direct
2020-12-31	Phantom Stock	$	M	102462	Disposed	2021-03-15	Common Stock (102462)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	75000	Indirect
Common Stock	60134	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: Includes 55 shares acquired on December 31, 2020 pursuant to the Issuer's Employee Stock Purchase Plan.

F3: These shares are held by the George L. and Coleen M. Ball Family Trust UA 01-18-2005 (the "Trust"). Mr. Ball has shared voting, investment and dispositive power over the shares held by the Trust.

F4: 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.

F5: This award vested in full on December 31, 2020 and will be paid in cash in the first quarter of 2021.