Andrea Young - Dec 28, 2023 Form 3 Insider Report for Advantage Solutions Inc. (ADV)

Signature
/s/ Bryce Robinson, Attorney-in-Fact
Stock symbol
ADV
Transactions as of
Dec 28, 2023
Transactions value $
$0
Form type
3
Date filed
1/4/2024, 05:00 PM
Next filing
Jan 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ADV Class A Common Stock 253K Dec 28, 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 Dec 28, 2023 Class A Common Stock 5.8K Direct F2
holding ADV Performance Restricted Stock Unit Dec 28, 2023 Class A Common Stock 265K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 209,424 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% 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.