Form 4 for ADV Advantage Solutions Inc.
Accepted 2022-03-15 00:00:00 ET · period of report 2022-03-11 · accession 0000947871-22-000371 · 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 | 2022-03-15 | 2022-03-11 | ADV | Stevens Brian | CFO, COO | A - Grant | $0.00 | +83.5K | 281.1K | +42% | $0 |
| D | 2022-03-15 | 2022-03-11 | ADV | Stevens Brian | CFO, COO | A - Grant | $0.00 | +250.4K | 250.4K | New | $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 | 2022-03-11 | A | A | 83,472 | $0.00 | 281,082 | D | — | — | (F1) Represents an award of restricted stock units (RSUs) that is a contingent right to receive Class A Common Stock upon vesting. The RSUs are scheduled to vest in equal installments on each of the first, second and third anniversaries of the grant date. |
| 2 | Derivative | Performance Restricted Stock Unit | 2022-03-11 | A | A | 250,417 | $0.00 | 250,417 | D | — · — to — | 250,417 Class A Common Stock | (F2) Represents an award of PSUs that is a contingent right to receive Class A Common Stock upon vesting. Subject to the achievement of certain performance conditions based on Adjusted EBITDA and Revenue, the PSUs are scheduled to vest over a three-year period and may vest from 0% to 150% of the target number of PSUs reported on this Form 4. |