Steven I. Marks - 28 Feb 2025 Form 4 Insider Report for FIRST ADVANTAGE CORP (FA)

Signature
/s/ Steven I. Marks
Issuer symbol
FA
Transactions as of
28 Feb 2025
Net transactions value
-$24,849
Form type
4
Filing time
03 Mar 2025, 16:05:27 UTC
Previous filing
18 Nov 2024
Next filing
10 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FA Common Stock Options Exercise +1,145 +7.1% 17,259 28 Feb 2025 Direct F1, F2
transaction FA Common Stock Options Exercise +1,363 +7.9% 18,622 28 Feb 2025 Direct F1
transaction FA Common Stock Options Exercise +2,228 +12% 20,850 28 Feb 2025 Direct F1
transaction FA Common Stock Tax liability $24,849 -1,661 -8% $14.96 19,189 28 Feb 2025 Direct F3

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 Options Exercise $0 -1,145 -50% $0.000000 1,146 28 Feb 2025 Common Stock 1,145 Direct F1, F4
transaction FA Restricted Stock Units Options Exercise $0 -1,363 -33% $0.000000 2,726 28 Feb 2025 Common Stock 1,363 Direct F1, F5
transaction FA Restricted Stock Units Options Exercise $0 -2,228 -25% $0.000000 6,685 28 Feb 2025 Common Stock 2,228 Direct F1, F6
* 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 Includes shares of common stock acquired under the Employee Stock Purchase Plan of the Issuer.
F3 Represents shares withheld in connection with the vesting of RSUs to cover tax withholding obligations.
F4 Represents RSUs originally granted on March 16, 2022, which vest in four equal installments, beginning on February 28, 2023, subject to continued service through such dates.
F5 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.
F6 Represents RSUs originally granted on March 4, 2024, which vest in four equal installments, beginning on February 28, 2025, subject to continued service through such dates.