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

Signature
/s/ Bret T. Jardine
Issuer symbol
FA
Transactions as of
11 May 2023
Net transactions value
$0
Form type
4
Filing time
15 May 2023, 16:54:11 UTC
Previous filing
12 May 2023
Next filing
18 Aug 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 +3,903 $0.000000 3,903 11 May 2023 Common Stock 3,903 Direct F1, F2
transaction FA Stock Options (Right to Buy) Award $0 +15,749 $0.000000 15,749 11 May 2023 Common Stock 15,749 $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