Joelle M. Smith - May 12, 2022 Form 4 Insider Report for FIRST ADVANTAGE CORP (FA)

Signature
/s/ Bret T. Jardine, Attorney-in-Fact
Stock symbol
FA
Transactions as of
May 12, 2022
Transactions value $
$0
Form type
4
Date filed
5/13/2022, 04:54 PM
Previous filing
May 13, 2022
Next filing
May 12, 2023

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 FA Stock Options (Right to Buy) Award $0 +400K $0.00 400K May 12, 2022 Common Stock 400K $14.63 Direct F1
transaction FA Restricted Stock Units Award $0 +99.6K $0.00 99.6K May 12, 2022 Common Stock 99.6K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock options will vest in equal annual installments on May 11, 2023, 2024, 2025 and 2026, subject to continued service through such dates.
F2 Each restricted stock unit (RSU) represents a contingent right to receive one share of common stock. The RSUs will be settled in either common stock or cash (or a combination thereof).
F3 The RSUs will vest in equal annual installments on May 11, 2023, 2024, 2025 and 2026, subject to continued service through such dates.

Remarks:

Title: President, Data, Technology, and Experience