Brian Copple - Mar 12, 2024 Form 4 Insider Report for HireRight Holdings Corp (HRT)

Role: Gen Counsel & Secretary
Signature: /s/ Brian Copple
Stock symbol: HRT
Transactions as of: Mar 12, 2024
Transactions value $: $0
Form type: 4
Date filed: 3/14/2024, 07:54 PM
Previous filing: Nov 22, 2023
Next filing: May 22, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	HRT	Common Stock						14.8K	Mar 12, 2024	Direct

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	Performance-based Restricted Stock Unit (PSU)	Award	$0	+167K		$0.00	167K	Mar 12, 2024	Common Stock	167K	$0.00	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Each PSU represents the right to receive, at vesting, one share of the Issuer's common stock. The PSUs were granted March 20, 2023, subject to performance requirements related to the Issuer's 2023 adjusted EBITDA. Based upon actual 2023 adjusted EBITDA as approved by the Issuer's Compensation Committee on March 12, 2024 (the "Determination Date"), 167,288 of the PSUs (i.e. 97.25% of the PSUs originally granted) qualified for time-based vesting to take place in two equal installments on the first and second anniversaries of the Determination Date, respectively, subject to the Reporting Person's continued service.

Content

Each PSU represents the right to receive, at vesting, one share of the Issuer's common stock. The PSUs were granted March 20, 2023, subject to performance requirements related to the Issuer's 2023 adjusted EBITDA. Based upon actual 2023 adjusted EBITDA as approved by the Issuer's Compensation Committee on March 12, 2024 (the "Determination Date"), 167,288 of the PSUs (i.e. 97.25% of the PSUs originally granted) qualified for time-based vesting to take place in two equal installments on the first and second anniversaries of the Determination Date, respectively, subject to the Reporting Person's continued service.