Bret T. Jardine - 11 May 2025 Form 4 Insider Report for FIRST ADVANTAGE CORP (FA)

Role
Chief Legal Officer
Signature
/s/ Bret T. Jardine
Issuer symbol
FA
Transactions as of
11 May 2025
Net transactions value
-$7,882
Form type
4
Filing time
13 May 2025, 16:41:01 UTC
Previous filing
06 Mar 2025
Next filing
18 Nov 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Jardine Bret T Chief Legal Officer C/O FIRST ADVANTAGE CORPORATION, 1 CONCOURSE PARKWAY NE, SUITE 200, ATLANTA /s/ Bret T. Jardine 13 May 2025 0001398537

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FA Common Stock Options Exercise +976 +16% 7,108 11 May 2025 Direct F1, F2
transaction FA Common Stock Tax liability $5,227 -296 -4.2% $17.66 6,812 11 May 2025 Direct F3
transaction FA Common Stock Sale $2,654 -146 -2.1% $18.18 6,666 12 May 2025 Direct F4

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 -976 -33% $0.000000 1,952 11 May 2025 Common Stock 976 Direct F1, F5
* 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 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 Shares were sold pursuant to a Rule 10b5-1 trading plan that was adopted by the reporting person on August 16, 2024.
F5 Represents RSUs originally granted on May 11, 2023, which vest in four equal annual installments, beginning on May 11, 2024, subject to continued service through such dates.