Filing Details

Accession Number:
0000899243-21-026576
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-06-29 16:44:22
Reporting Period:
2021-06-22
Accepted Time:
2021-06-29 16:44:22
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1210677 First Advantage Corp FA Services-Business Services, Nec (7389) 843884690
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1865850 K. Joseph Jaeger C/O First Advantage Corporation,
1 Concourse Parkway Ne, Suite 200
Atlanta GA 30328
President, Americas No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2021-06-25 13,477 $14.03 738,903 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Options (Right to Buy) Acquisiton 2021-06-22 314,378 $0.00 314,378 $15.00
Common Stock Stock Options (Right to Buy) Acquisiton 2021-06-25 4,223 $0.00 4,223 $15.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
314,378 2031-06-22 No 4 A Direct
318,601 2031-06-22 No 4 A Direct
Footnotes
  1. This amount represents the $15.00 initial public offering price per share of common stock of First Advantage Corporation (the "Issuer"), less the underwriting discount of $0.975 per share for shares sold pursuant to the issuer's initial public offering.
  2. Represents shares of common stock received in a distribution from Fastball Holdco, L.P. in respect of certain of the reporting person's previously held interests in Fastball Holdco, L.P. Of these shares of common stock, 567,404 are unvested, of which, (i) 254,076 shares of common stock are subject to time-based vesting requirements and will vest in equal annual installments on January 31, 2022, 2023, 2024 and 2025, subject to continued service through such dates, and (ii) 313,328 shares of common stock are subject to time and performance-based vesting conditions and will vest in equal installments on the dates described above or later dates subject to additional performance-based vesting requirements.
  3. Of these options, 251,503 are unvested options which will vest in equal annual installments on January 31, 2022, 2023, 2024 and 2025, subject to continued service through such dates. Does not include unvested performance-based options which will be reported when earned upon achievement of certain performance criteria.
  4. Represents stock options received by the reporting person in connection with the dissolution of Fastball Holdco, L.P. in respect of certain of the reporting person's previously held interests in Fastball Holdco, L.P. These securities were previously reported on the Form 3 filed by the Reporting Person.
  5. Represents the vesting of a portion of performance-based stock options in connection with the satisfaction of certain performance-based vesting conditions upon the closing of the Issuer's initial public offering.