Steven I. Marks - 01 Mar 2023 Form 4 Insider Report for FIRST ADVANTAGE CORP (FA)

Role
Chief Accounting Officer
Signature
/s/ Steven I. Marks
Issuer symbol
FA
Transactions as of
01 Mar 2023
Net transactions value
$0
Form type
4
Filing time
03 Mar 2023, 14:07:22 UTC
Previous filing
02 Mar 2023
Next filing
12 May 2023
SEC
View on sec.gov

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 +5,452 $0.000000 5,452 01 Mar 2023 Common Stock 5,452 Direct F1, F2
transaction FA Stock Options (Right to Buy) Award $0 +10,490 $0.000000 10,490 01 Mar 2023 Common Stock 10,490 $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.