Brian Stevens - 03 Oct 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
03 Oct 2022
Net transactions value
$0
Form type
4
Filing time
04 Oct 2022, 16:39:02 UTC
Previous filing
15 Mar 2022
Next filing
20 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADV Class A Common Stock Award $0 +125,000 +44% $0.000000 406,082 03 Oct 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 +200,892 $0.000000 200,892 03 Oct 2022 Class A Common Stock 200,892 Direct F2
transaction ADV Stock Option (Right to Buy) Award $0 +1,170,000 $0.000000 1,170,000 03 Oct 2022 Class A Common Stock 1,170,000 $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.