Tanya L. Domier - Mar 1, 2022 Form 4 Insider Report for Advantage Solutions Inc. (ADV)

Role
Chief Executive Officer, Director
Signature
/s/ Bryce Robinson, Title: Secretary
Stock symbol
ADV
Transactions as of
Mar 1, 2022
Transactions value $
$0
Form type
4
Date filed
3/3/2022, 08:22 PM
Previous filing
Feb 14, 2022
Next filing
Mar 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADV Class A Common Stock Options Exercise +510K +1871.77% 537K Mar 1, 2022 Direct F1
holding ADV Class A Common Stock 30 Mar 1, 2022 By Son

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 ADV Performance Restricted Stock Unit Options Exercise $0 -510K -89.33% $0.00 61K Mar 1, 2022 Class A Common Stock 510K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of Class A Common Stock and restricted stock units with respect to Class A Common Stock (RSUs) were received upon the satisfaction of performance conditions of performance restricted stock units (PSUs) reported on this Form 4. 340,040 of these RSUs remain subject to service vesting scheduled to occur ratably on 1/4/2023 and 1/4/2024.
F2 Represents an award of PSUs that is a contingent right to receive Class A Common Stock upon vesting. Effective as of March 1, 2022, the Issuer's compensation committee certified the performance results of the PSUs, resulting in the conversion of 510,058 units into shares of Class A Common Stock and Restricted Stock Units and the forfeiture for no consideration of 91,492 units previously reported as a component of the target award.
F3 Represents PSUs remaining eligible to vest on 1/4/2024 subject to achievement of additional performance conditions.