Brian Stevens - 01 Mar 2022 Form 4 Insider Report for Advantage Solutions Inc. (ADV)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
03 Mar 2022, 20:26:49 UTC
Next SEC filing
08 Mar 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Bryce Robinson, Title: Secretary

Key filing fact

Brian Stevens filed Form 4 for Advantage Solutions Inc. (ADV) on 03 Mar 2022.

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.
  • Accepted by SEC: 03 Mar 2022, 20:26.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

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

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

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
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote 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.

Footnote 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.

Footnote F3

Represents PSUs remaining eligible to vest on 1/4/2024 subject to achievement of additional performance conditions.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .