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

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
29 Aug 2024, 16:09:58 UTC
Prior SEC filing
12 May 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Bret T. Jardine, Attorney-in-Fact

Key filing fact

David L. Gamsey filed Form 4 for FIRST ADVANTAGE CORP (FA) on 29 Aug 2024.

Key facts

  • This page summarizes David L. Gamsey's Form 4 filing for FIRST ADVANTAGE CORP (FA).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 29 Aug 2024, 16:09.

Change

  • Previous filing in this sequence was filed on 12 May 2023.
  • Current net transaction value: -$411,754.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

FA transaction

Common Stock

Options Exercise

Transaction value
$3,034,179
Shares
+224,754
Change %
+40%
Price
$13.50
Shares after
785,836
Date
28 Aug 2024
Ownership
Direct
Footnotes
F1
FA transaction

Common Stock

Tax liability

Transaction value
$3,445,933
Shares
-181,556
Change %
-23%
Price
$18.98
Shares after
604,280
Date
28 Aug 2024
Ownership
Direct
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

FA transaction Derivative

Stock Options (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-224,754
Change %
-50%
Price
$0.000000
Shares after
223,276
Date
28 Aug 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
224,754
Exercise price
$13.50
Footnotes
F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Includes shares of common stock acquired under the Employee Stock Purchase Plan of First Advantage Corporation (the "Issuer").

Footnote 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.

Footnote 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.

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