Jill L. Griffin - 11 Mar 2022 Form 4 Insider Report for Advantage Solutions Inc. (ADV)

Signature
/s/ Bryce Robinson, Title: Secretary
Issuer symbol
ADV
Transactions as of
11 Mar 2022
Net transactions value
$0
Form type
4
Filing time
15 Mar 2022, 21:15:51 UTC
Previous filing
08 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADV Class A Common Stock Award $0 +217,028 +73% $0.000000 515,394 11 Mar 2022 Direct F1

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 Award $0 +542,570 $0.000000 542,570 11 Mar 2022 Class A Common Stock 542,570 Direct F2
transaction ADV Stock Option (Right to Buy) Award $0 +945,664 $0.000000 945,664 11 Mar 2022 Class A Common Stock 945,664 $5.99 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of restricted stock units (RSUs) that is a contingent right to receive Class A Common Stock upon vesting. The RSUs are scheduled to vest in equal installments on each of the first, second and third anniversaries of the grant date.
F2 Represents an award of PSUs that is a contingent right to receive Class A Common Stock upon vesting. Subject to the achievement of certain performance conditions based on Adjusted EBITDA and Revenue, the PSUs are scheduled to vest over a three-year period and may vest from 0% to 150% of the target number of PSUs reported on this Form 4.
F3 This stock option represents a right to purchase Class A Common Stock upon vesting. The option vests in equal installments on each of the first, second and third anniversaries of the grant date.