Form 4 for ADV Advantage Solutions Inc.
Accepted 2023-03-14 00:00:00 ET · period of report 2023-03-11 · accession 0000899243-23-008447 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-03-14 | 2023-03-11 | ADV | Kaye Dean | CFO - North America | F - Tax | $2.02 | -19.3K | 111.9K | -15% | -$39.0K |
| D | 2023-03-14 | 2023-03-11 | ADV | Kaye Dean | CFO - North America | M - OptEx | $0.00 | +16.7K | 131.2K | +15% | $0 |
| D | 2023-03-14 | 2023-03-11 | ADV | Kaye Dean | CFO - North America | M - OptEx | $0.00 | -16.7K | 114.6K | -13% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2023-03-11 | F | D | 19,311 | $2.02 | 111,851 | D | — | — | (F2) Represents shares withheld by the Company to satisfy tax withholding requirements on vesting of the PSUs and restricted stock units previously reported in Table I as Class A Common Stock. |
| 2 | Common | Class A Common Stock | 2023-03-11 | M | A | 16,680 | $0.00 | 131,162 | D | — | — | (F1) Represents the partial vesting of a Performance Restricted Stock Unit (PSU) award originally granted on March 11, 2022. |
| 3 | Derivative | Performance Restricted Stock Unit | 2023-03-11 | M | D | 16,680 | $0.00 | 114,565 | D | — · — to — | 16,680 Class A Common Stock | (F1) Represents the partial vesting of a Performance Restricted Stock Unit (PSU) award originally granted on March 11, 2022. (F3) In connection with the vesting reported herein, 40,602 of the PSUs originally awarded to the Reporting Person were cancelled for no consideration. Subject to the achievement of certain performance conditions based on Adjusted EBITDA and Revenue, the remaining PSUs are scheduled to vest over a two-year period and may vest from 0% to 150% of the target number of PSUs reported on this Form 4. |