JOHN WREN - 30 Jun 2022 Form 4 Insider Report for OMNICOM GROUP INC. (OMC)

Role
Chairman and CEO, Director
Signature
/s/ John D. Wren
Issuer symbol
OMC
Transactions as of
30 Jun 2022
Net transactions value
-$3,661,837
Form type
4
Filing time
05 Jul 2022, 17:19:26 UTC
Next filing
25 Apr 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OMC Common Stock, par value $0.15 per share Award $0 +136,171 +46% $0.000000 430,313 30 Jun 2022 Direct F1, F2
transaction OMC Common Stock, par value $0.15 per share Tax liability $3,661,837 -57,567 -13% $63.61 372,746 30 Jun 2022 Direct F3
holding OMC Common Stock, par value $0.15 per share 844,543 30 Jun 2022 By GRATs
holding OMC Common Stock, par value $0.15 per share 32,022 30 Jun 2022 By 401(K) Plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 14, 2019, the reporting person was granted performance restricted stock units ("PRSUs") which vest based on the company's return on equity as compared to that of an industry peer group. On June 30, 2022, the compensation committee of the board of directors of the company determined that the performance criteria had been met, resulting in the vesting of these shares.
F2 Since the date of the reporting person's most recently filed Form 4, an aggregate of 282,821 shares were transferred from various Grantor Retained Annuity Trusts to the reporting person's brokerage accounts and 132,197 shares were transferred from the reporting person's brokerage accounts to various Grantor Retained Annuity Trusts.
F3 Represents shares withheld by the company for payment of tax liability incident to the vesting of PRSUs originally granted to the reporting person on March 14, 2019.