JOHN WREN - 21 Apr 2023 Form 4 Insider Report for OMNICOM GROUP INC. (OMC)

Signature
/s/ John D. Wren
Issuer symbol
OMC
Transactions as of
21 Apr 2023
Net transactions value
-$14,605,345
Form type
4
Filing time
25 Apr 2023, 16:40:04 UTC
Previous filing
05 Jul 2022
Next filing
29 Mar 2024

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 +131,601 +37% $0.000000 484,083 21 Apr 2023 Direct F1, F2
transaction OMC Common Stock, par value $0.15 per share Tax liability $5,221,345 -55,635 -11% $93.85 428,448 21 Apr 2023 Direct F3
transaction OMC Common Stock, par value $0.15 per share Sale $9,384,000 -100,000 -23% $93.84 328,448 24 Apr 2023 Direct F4
holding OMC Common Stock, par value $0.15 per share 864,807 21 Apr 2023 By Trusts F2
holding OMC Common Stock, par value $0.15 per share 33,299 21 Apr 2023 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 April 29, 2020, 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 April 21, 2023, 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, 20,264 shares were transferred by the reporting person to a revocable trust.
F3 Represents shares withheld by the company for payment of tax liability incident to the vesting of PRSUs.
F4 The reported sale price reflects the weighted average price of multiple transactions on April 24, 2023. The actual sales prices for the transactions ranged from $93.60 to $94.51. The reporting person undertakes to provide to Omnicom Group Inc., any security holder of Omnicom Group Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.