Form 4 for FA FIRST ADVANTAGE CORP
Accepted 2023-08-18 00:00:00 ET · period of report 2023-08-16 · accession 0001127602-23-022938 · 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 | 2023-08-18 | 2023-08-16 | FA | Jardine Bret T | See Remarks | M - OptEx | $6.61 | +12.0K | 16.5K | +264% | +$79.3K |
| D | 2023-08-18 | 2023-08-16 | FA | Jardine Bret T | See Remarks | S - Sale+OE | $15.20 | -12.0K | 4,537 | -73% | -$182.4K |
| D | 2023-08-18 | 2023-08-16 | FA | Jardine Bret T | See Remarks | M - OptEx | $0.00 | -12.0K | 150.2K | -7% | $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 | Common Stock | 2023-08-16 | M | A | 12,000 | $6.61 | 16,537 | D | — | — | (F1) Includes shares acquired under the Employee Stock Purchase Plan of First Advantage Corporation. |
| 2 | Common | Common Stock | 2023-08-16 | S | D | 12,000 | $15.20 | 4,537 | D | — | — | (F1) Includes shares acquired under the Employee Stock Purchase Plan of First Advantage Corporation. |
| 3 | Derivative | Stock Options (Right to Buy) | 2023-08-16 | M | D | 12,000 | $0.00 | 150,186 | D | $6.61 · — to 2030-01-31 | 12,000 Common Stock | (F2) Includes an initial grant of 81,093 options that vest in equal annual installments over five years, subject to continued service through such dates, with the first vesting on January 31, 2021 and a portion of an aggregate initial grant of 81,093 options subject to performance and time-based vesting criteria, where such performance-based conditions (the occurrence of a "Realization Event" as defined in the award agreement) have been satisfied as of the date of grant. The remainder of such performance-based options will, subject to the occurrence of a Realization Event, vest on the same schedule noted above. Alternatively, these performance-based options will vest, based solely on time, as follows, subject to continued service through such date: 12,921 options on January 31, 2024, 25,843 options on January 31, 2025, and 25,843 options on January 31, 2026, while preserving the eligibility to vest earlier upon a future Realization Event. |