Scott Staples - Jun 23, 2021 Form 3 Insider Report for FIRST ADVANTAGE CORP (FA)

Role
Chief Executive Officer, Director
Signature
/s/ Bret T. Jardine, Attorney-in-fact
Stock symbol
FA
Transactions as of
Jun 23, 2021
Transactions value $
$0
Form type
3
Date filed
6/23/2021, 08:16 PM
Previous filing
Jun 29, 2021
Next filing
Nov 17, 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding FA Stock Options (Right to Buy) Jun 23, 2021 Common Stock 1.07M $15.00 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents time-based options of which 20% are vested. The remaining unvested options 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.

Remarks:

This Form 3 does not include additional securities of the Issuer expected to be received by the reporting person upon the dissolution of Fastball Holdco, L.P. in connection with the initial public offering of the Issuer, in respect of certain of the reporting person's currently held interests in Fastball Holdco, L.P. Exhibit List: Exhibit 24 - Power of Attorney