Form 4 for ADV Advantage Solutions Inc.

Accepted 2022-10-04 00:00:00 ET · period of report 2022-10-03 · accession 0000947871-22-001043 · 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	2022-10-04	2022-10-03	ADV	Stevens Brian	CFO, COO	A - Grant	$0.00	+125.0K	406.1K	+44%	$0
DM	2022-10-04	2022-10-03	ADV	Stevens Brian	CFO, COO	A - Grant	$0.00	+1.37M	1.17M	New	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Class A Common Stock	2022-10-03	A	A	125,000	$0.00	406,082	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	2022-10-03	A	A	200,892	$0.00	200,892	D	— · — to —	200,892 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)	2022-10-03	A	A	1,170,000	$0.00	1,170,000	D	$1.00 · — to —	1,170,000 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.