Guy P. Abramo - Nov 20, 2022 Form 4 Insider Report for HireRight Holdings Corp (HRT)

Role
President and CEO, Director
Signature
/s/ Brian W. Copple, as attorney-in-fact for Guy P. Abramo
Stock symbol
HRT
Transactions as of
Nov 20, 2022
Transactions value $
-$173,519
Form type
4
Date filed
11/22/2022, 07:54 PM
Previous filing
Apr 7, 2022
Next filing
Mar 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HRT Common Stock Options Exercise $0 +40.3K $0.00 40.3K Nov 20, 2022 Direct F1
transaction HRT Common Stock Tax liability -$174K -18.7K -46.35% $9.29 21.6K Nov 20, 2022 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 HRT Restricted Stock Unit (RSU) Options Exercise $0 -40.3K -25% $0.00 121K Nov 20, 2022 Common Stock 40.3K $0.00 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The RSUs were originally granted on October 28, 2021 under the Company's 2021 Omnibus Incentive Plan. 25% of the RSUs vested on November 20, 2022 with the remaining generally vesting 25% on each of November 20, 2023, November 20, 2024, and November 20, 2025, subject to continued employment.
F2 Represents shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligation in connection with the settlement of shares of common stock underlying the Reporting Person's restricted stock units which vested on November 20, 2022.
F3 Each restricted stock unit (RSU) represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock.