Filing Details

Accession Number:
0000899243-21-045056
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-11-17 16:15:37
Reporting Period:
2021-11-15
Accepted Time:
2021-11-17 16:15:37
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
1865624 Scott Staples C/O First Advantage Corporation,
1 Concourse Parkway Ne, Suite 200
Atlanta GA 30328
Chief Executive Officer Yes 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 2021-11-15 346,134 $19.30 3,798,220 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 2021-11-15 203,725 $0.00 203,725 $15.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1,291,143 2031-06-22 No 4 A Direct
Footnotes
  1. This amount represents the $20.00 secondary public offering price per share of common stock of First Advantage Corporation (the "Issuer"), less the underwriting discount of $0.70 per share for shares sold pursuant to a registered public offering.
  2. 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 a registered public offering of common stock.
  3. Of these options, 861,943 are unvested options which will vest as to 218,141 options on January 31, 2022, and the remainder in equal annual installments on each of January 31, 2023, 2024 and 2025, subject to continued service through such dates. Does not include certain performance-based options for which the performance criteria has not yet been met, which options will be reported when earned upon achievement of such performance criteria.