Bret T. Jardine - May 11, 2023 Form 4 Insider Report for FIRST ADVANTAGE CORP (FA)

Signature
/s/ Bret T. Jardine
Stock symbol
FA
Transactions as of
May 11, 2023
Transactions value $
$0
Form type
4
Date filed
5/15/2023, 04:54 PM
Previous filing
May 12, 2023
Next filing
Aug 18, 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 +3.9K $0.00 3.9K May 11, 2023 Common Stock 3.9K Direct F1, F2
transaction FA Stock Options (Right to Buy) Award $0 +15.7K $0.00 15.7K May 11, 2023 Common Stock 15.7K $12.62 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 May 11, 2023, which vest in four equal installments, beginning on May 11, 2024, subject to continued service through such dates.
F3 Represents stock options originally granted on May 11, 2023, which vest in four equal installments, beginning on May 11, 2024, subject to continued service through such dates.

Remarks:

Title: EVP, General Counsel & Corporate Secretary