Bret T. Jardine - 25 Jun 2021 Form 4 Insider Report for FIRST ADVANTAGE CORP (FA)

Role
EVP, General Counsel & Secretary
Signature
/s/ Bret T. Jardine
Issuer symbol
FA
Transactions as of
25 Jun 2021
Net transactions value
$0
Form type
4
Filing time
29 Jun 2021, 16:46:21 UTC
Previous filing
23 Jun 2021
Next filing
17 Nov 2021
SEC
View on sec.gov

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
transaction FA Stock Options (Right to Buy) Award +81,093 81,093 25 Jun 2021 Common Stock 81,093 $6.61 Direct F1, F2
transaction FA Stock Options (Right to Buy) Award $0 +1,089 +1.3% $0.000000 82,182 25 Jun 2021 Common Stock 1,089 $6.61 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Of these options, 64,875 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.
F2 Represents stock options into which options exercisable for units in Fastball Holdco, L.P. held by the reporting person were converted, in connection with the dissolution of Fastball Holdco, L.P.
F3 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.

Remarks:

EVP, General Counsel & Secretary