4//SEC Filing
Staples Scott 4
Accession 0000899243-21-026573
CIK 0001210677other
Filed
Jun 28, 8:00 PM ET
Accepted
Jun 29, 4:41 PM ET
Size
11.2 KB
Accession
0000899243-21-026573
Insider Transaction Report
Form 4
Staples Scott
DirectorChief Executive Officer
Transactions
- Award
Stock Options (Right to Buy)
2021-06-25+14,416→ 1,087,418 totalExercise: $15.00Exp: 2031-06-22→ Common Stock (14,416 underlying) - Award
Stock Options (Right to Buy)
2021-06-22+1,073,002→ 1,073,002 totalExercise: $15.00Exp: 2031-06-22→ Common Stock (1,073,002 underlying) - Sale
Common Stock
2021-06-25$14.03/sh−255,540$3,583,949→ 4,144,354 total
Footnotes (5)
- [F1]This amount represents the $15.00 initial public offering price per share of common stock of First Advantage Corporation (the "Issuer"), less the underwriting discount of $0.975 per share for shares sold pursuant to the issuer's initial public offering.
- [F2]Represents shares of common stock received in a distribution from Fastball Holdco, L.P. in respect of certain of the reporting person's previously held interests in Fastball Holdco, L.P. Of these shares of common stock, 1,945,388 are unvested, of which, (i) 871,119 shares of common stock are subject to time-based vesting requirements and will vest in equal annual installments on January 31, 2022, 2023, 2024 and 2025, subject to continued service through such dates, and (ii) 1,074,269 shares of common stock are subject to time and performance-based vesting conditions and will vest in equal installments on the dates described above or later dates subject to additional performance-based vesting requirements.
- [F3]Of these options, 858,402 are unvested options which will vest in equal annual installments on January 31, 2022, 2023, 2024 and 2025, subject to continued service through such dates. Does not include unvested performance-based options which will be reported when earned upon achievement of certain performance criteria.
- [F4]Represents stock options received by the reporting person in connection with the dissolution of Fastball Holdco, L.P. in respect of certain of the reporting person's previously held interests in Fastball Holdco, L.P. These securities were previously reported on the Form 3 filed by the Reporting Person.
- [F5]Represents the vesting of a portion of performance-based stock options in connection with the satisfaction of certain performance-based vesting conditions upon the closing of the Issuer's initial public offering.
Documents
Issuer
FIRST ADVANTAGE CORP
CIK 0001210677
Entity typeother
Related Parties
1- filerCIK 0001865624
Filing Metadata
- Form type
- 4
- Filed
- Jun 28, 8:00 PM ET
- Accepted
- Jun 29, 4:41 PM ET
- Size
- 11.2 KB