Brian Stevens - Oct 3, 2022 Form 4 Insider Report for Advantage Solutions Inc. (ADV)

Role
CFO & COO
Signature
/s/Bryce Robinson, Title: Secretary
Stock symbol
ADV
Transactions as of
Oct 3, 2022
Transactions value $
$0
Form type
4
Date filed
10/4/2022, 04:39 PM
Previous filing
Mar 15, 2022
Next filing
Jan 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADV Class A Common Stock Award $0 +125K +44.47% $0.00 406K Oct 3, 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 +201K $0.00 201K Oct 3, 2022 Class A Common Stock 201K Direct F2
transaction ADV Stock Option (Right to Buy) Award $0 +1.17M $0.00 1.17M Oct 3, 2022 Class A Common Stock 1.17M $1.00 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.