Jack Anthony Pestello - Apr 19, 2024 Form 4 Insider Report for Advantage Solutions Inc. (ADV)

Role
COO, Branded Services
Signature
/s/ Bryce Robinson, Attorney-in-fact
Stock symbol
ADV
Transactions as of
Apr 19, 2024
Transactions value $
$0
Form type
4
Date filed
4/23/2024, 04:30 PM
Previous filing
Mar 13, 2024
Next filing
Jun 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADV Class A Common Stock Award $0 +69.4K +47.46% $0.00 216K Apr 19, 2024 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 +69.4K $0.00 69.4K Apr 19, 2024 Class A Common Stock 69.4K Direct F2
transaction ADV Stock Option Award $0 +220K $0.00 220K Apr 19, 2024 Class A Common Stock 220K $4.33 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 performance restricted stock units (PSUs) that is a contingent right to receive Class A Common Stock upon vesting. Subject to the achievement of certain performance conditions based on Advantage Cash Earnings and Adjusted EBITDA Margin, the PSUs are scheduled to vest on the third anniversary of the grant date and may vest from 0% to 200% of the target number of PSUs reported on this Form 4.
F3 The stock option is scheduled to vest in equal installments on each of the first, second and third anniversaries of the grant date.