Form 4 for ADV Advantage Solutions Inc.
Accepted 2023-06-14 00:00:00 ET · period of report 2023-06-12 · accession 0000950170-23-027971 · 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 | 2023-06-14 | 2023-06-12 | ADV | Growe Christopher | CFO | A - Grant | $0.00 | +65.1K | 115.1K | +130% | $0 |
| D | 2023-06-14 | 2023-06-12 | ADV | Growe Christopher | CFO | A - Grant | $0.00 | +195.3K | 195.3K | 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 | 2023-06-12 | A | A | 65,116 | $0.00 | 115,116 | 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 Units | 2023-06-12 | A | A | 195,348 | $0.00 | 195,348 | D | — · — to — | 195,348 Class A Common Stock | (F2) Represents an award of performance restricted stock units (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 over the performance period designated in the award, 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. |