Steven I. Marks - Mar 1, 2023 Form 4 Insider Report for FIRST ADVANTAGE CORP (FA)

Role
Chief Accounting Officer
Signature
/s/ Steven I. Marks
Stock symbol
FA
Transactions as of
Mar 1, 2023
Transactions value $
$0
Form type
4
Date filed
3/3/2023, 02:07 PM
Previous filing
Mar 2, 2023
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 Restricted Stock Units Award $0 +5.45K $0.00 5.45K Mar 1, 2023 Common Stock 5.45K Direct F1, F2
transaction FA Stock Options (Right to Buy) Award $0 +10.5K $0.00 10.5K Mar 1, 2023 Common Stock 10.5K $13.70 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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).
F2 Represents RSUs originally granted on March 1, 2023, which vest in four equal installments, beginning on February 28, 2024, subject to continued service through such dates.
F3 Represents stock options originally granted on March 1, 2023, which vest in four equal installments, beginning on February 28, 2024, subject to continued service through such dates.