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Filing Details

Accession Number:
0000899243-19-013384
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-05-13 20:35:08
Reporting Period:
2019-05-09
Accepted Time:
2019-05-13 20:35:08
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
275880 Parsons Corp PSN Services-Computer Integrated Systems Design (7373) 953232481
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1601188 L. George Ball Parsons Corporation
5875 Trinity Parkway, Suite 300
Centreville VA 20120
Chief Financial Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2019-05-09 25,000 $29.40 25,000 No 4 P Indirect By Family Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By Family Trust
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 58,113 Indirect By ESOP
Footnotes
  1. The transaction was executed in multiple trades in prices ranging from $29.35 to $29.40, inclusive. The price reported in Column 4 above reflects the weighted average purchase price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a stockholder of the Issuer, information regarding the number of shares and prices at which the transaction was effected.
  2. These shares are held by George L. and Coleen M. Ball, Trustees of 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.
  3. On April 15, 2019, Issuer's board of directors declared a common stock dividend, payable to all holders of record of common stock on May 9, 2019, of two shares of common stock for every one share of common stock outstanding, conditioned upon the closing of Issuer's initial public offering. As a result, Reporting Person's account under the Parsons Corporation Employee Stock Ownership Plan (the "ESOP") was credited with an additional 38,742 shares of common stock on May 10, 2019, the date of the closing of Issuer's initial public offering.
  4. Consists of shares of common stock beneficially owned by such person through Issuer's ESOP, rounded to the nearest whole share. Reporting Person shares voting and investment power with the ESOP with respect to such shares beneficially owned through the ESOP. For the avoidance of doubt, all of the share numbers and prices per share in this report reflect the stock dividend effected by Issuer in connection with the closing of its initial public offering.