Filing Details

Accession Number:
0001127602-23-022938
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-08-18 14:13:56
Reporting Period:
2023-08-16
Accepted Time:
2023-08-18 14:13:56
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
1398537 T Bret Jardine C/O First Advantage Corporation
1 Concourse Parkway Ne, Suite 200
Atlanta GA 30328
See Remarks 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 Acquisiton 2023-08-16 12,000 $6.61 16,537 No 4 M Direct
Common Stock Disposition 2023-08-16 12,000 $15.20 4,537 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
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) Disposition 2023-08-16 12,000 $0.00 12,000 $6.61
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
150,186 2030-01-31 No 4 M Direct
Footnotes
  1. Includes shares acquired under the Employee Stock Purchase Plan of First Advantage Corporation.
  2. 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.