Bevin Conley - 28 Dec 2023 Form 3 Insider Report for Advantage Solutions Inc. (ADV)

Role
Chief Accounting Officer
Signature
/s/ Bryce Robinson, Attorney-in-Fact
Issuer symbol
ADV
Transactions as of
28 Dec 2023
Net transactions value
$0
Form type
3
Filing time
04 Jan 2024, 17:00:23 UTC
Next filing
19 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ADV Class A Common Stock 175,586 28 Dec 2023 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
holding ADV Performance Restricted Stock Unit 28 Dec 2023 Class A Common Stock 1,192 Direct F2
holding ADV Performance Restricted Stock Unit 28 Dec 2023 Class A Common Stock 91,145 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 153,740 restricted stock units (RSUs), each of which represents a contingent right to receive Class A Common Stock upon vesting in accordance with the applicable award.
F2 Performance restricted stock units (PSUs) represent a contingent right to receive Class A Common Stock upon vesting. Subject to the achievement of a performance condition based on Revenue, the PSUs are scheduled to vest on January 4, 2024 either at 0% or 100% on of the number of PSUs reported on this Form 3.
F3 Performance restricted stock units (PSUs) represent 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 3.

Remarks:

Exhibit 24 - Power of Attorney