David L. Gamsey - Aug 28, 2024 Form 4 Insider Report for FIRST ADVANTAGE CORP (FA)

Role: EVP & Chief Financial Officer
Signature: /s/ Bret T. Jardine, Attorney-in-Fact
Stock symbol: FA
Transactions as of: Aug 28, 2024
Transactions value $: -$411,754
Form type: 4
Date filed: 8/29/2024, 04:09 PM
Previous filing: May 12, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FA	Common Stock	Options Exercise	$3.03M	+225K	+40.06%	$13.50	786K	Aug 28, 2024	Direct	F1
transaction	FA	Common Stock	Tax liability	-$3.45M	-182K	-23.1%	$18.98	604K	Aug 28, 2024	Direct	F2

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	Stock Options (Right to Buy)	Options Exercise	$0	-225K	-50.16%	$0.00	223K	Aug 28, 2024	Common Stock	225K	$13.50	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes shares of common stock acquired under the Employee Stock Purchase Plan of First Advantage Corporation (the "Issuer").
F2	Represents shares withheld by the Issuer in connection with a net settlement of a stock option exercise. Shares were withheld for the payment of the exercise price as well as withholding taxes.
F3	Represents the exercise of time and performance-based stock options awarded on June 22, 2021. As of January 31, 2024, 260,448 stock options were vested and exercisable. The remaining 187,582 stock options will vest and become exercisable on December 1, 2024.