Key facts
- This page summarizes Brian Stevens's Form 4 filing for Advantage Solutions Inc. (ADV).
- 2 reported transactions and 1 derivative row are listed below.
- Filing timestamp: 03 Mar 2022, 20:26.
Brian Stevens - 01 Mar 2022 Form 4 Insider Report for Advantage Solutions Inc. (ADV)
- Role
- CFO & COO
- Signature
- /s/ Bryce Robinson, Title: Secretary
- Issuer symbol
- ADV
- Transactions as of
- 01 Mar 2022
- Net transactions value
- $0
- Form type
- 4
- Filing time
- 03 Mar 2022, 20:26:49 UTC
- Next filing
- 08 Mar 2022
- SEC
- View on sec.gov
Key filing fact
Brian Stevens filed Form 4 for Advantage Solutions Inc. (ADV) on 03 Mar 2022.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
See Original Filing
Ownership activity is grounded in SEC Form 4 disclosures.
Transactions Table
ADV
transaction
Class A Common Stock
Options Exercise
- Transaction value
- Shares
- +230,970
- Change %
- +5359%
- Price
- Shares after
- 235,280
- Date
- 01 Mar 2022
- Ownership
- Direct
- Footnotes
- F1
Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)
ADV
transaction
Derivative
Performance Restricted Stock Unit
Options Exercise
- Transaction value
- $0
- Shares
- -230,970
- Change %
- -89%
- Price
- $0.000000
- Shares after
- 27,600
- Date
- 01 Mar 2022
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 230,970
- Exercise price
- Footnotes
- 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. 153,980 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 230,970 units into shares of Class A Common Stock and Restricted Stock Units and the forfeiture for no consideration of 41,430 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. |