Form 4 for ADV Advantage Solutions Inc.
Accepted 2022-03-15 00:00:00 ET · period of report 2022-03-11 · accession 0000947871-22-000374 · 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 | Griffin Jill L | Pres, CCO | A - Grant | $0.00 | +217.0K | 515.4K | +73% | $0 |
| DM | 2022-03-15 | 2022-03-11 | ADV | Griffin Jill L | Pres, CCO | A - Grant | $0.00 | +1.49M | 945.7K | 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 | 217,028 | $0.00 | 515,394 | 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 | 542,570 | $0.00 | 542,570 | D | — · — to — | 542,570 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. |
| 3 | Derivative | Stock Option (Right to Buy) | 2022-03-11 | A | A | 945,664 | $0.00 | 945,664 | D | $5.99 · — to — | 945,664 Class A Common Stock | (F3) This stock option represents a right to purchase Class A Common Stock upon vesting. The option vests in equal installments on each of the first, second and third anniversaries of the grant date. |