Joseph K. Jaeger - May 13, 2024 Form 4 Insider Report for FIRST ADVANTAGE CORP (FA)

Signature
/s/ Bret T. Jardine, Attorney-in-Fact
Stock symbol
FA
Transactions as of
May 13, 2024
Transactions value $
-$160,872
Form type
4
Date filed
5/15/2024, 04:28 PM
Previous filing
Feb 14, 2024
Next filing
Jun 24, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FA Common Stock Sale -$118K -7.33K -1.05% $16.08 689K May 13, 2024 Direct F1, F2
transaction FA Common Stock Sale -$43K -2.67K -0.39% $16.10 686K May 14, 2024 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 14, 2023.
F2 Represents the weighted average price for sales of the shares. The shares were sold at prices ranging from $16.000 to $16.350 per share, inclusive of brokerage fees. The reporting person will provide to the Securities and Exchange Commission staff, the issuer, or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price.
F3 Represents the weighted average price for sales of the shares. The shares were sold at prices ranging from $16.000 to $16.150 per share, inclusive of brokerage fees. The reporting person will provide to the Securities and Exchange Commission staff, the issuer, or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price.