Home/Filings/4/0000899243-21-026576
4//SEC Filing

Jaeger Joseph K. 4

Accession 0000899243-21-026576

CIK 0001210677other

Filed

Jun 28, 8:00 PM ET

Accepted

Jun 29, 4:44 PM ET

Size

11.2 KB

Accession

0000899243-21-026576

Insider Transaction Report

Form 4
Period: 2021-06-22
Jaeger Joseph K.
President, Americas
Transactions
  • Sale

    Common Stock

    2021-06-25$14.03/sh13,477$189,015738,903 total
  • Award

    Stock Options (Right to Buy)

    2021-06-22+314,378314,378 total
    Exercise: $15.00Exp: 2031-06-22Common Stock (314,378 underlying)
  • Award

    Stock Options (Right to Buy)

    2021-06-25+4,223318,601 total
    Exercise: $15.00Exp: 2031-06-22Common Stock (4,223 underlying)
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, 567,404 are unvested, of which, (i) 254,076 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) 313,328 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, 251,503 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.

Issuer

FIRST ADVANTAGE CORP

CIK 0001210677

Entity typeother

Related Parties

1
  • filerCIK 0001865850

Filing Metadata

Form type
4
Filed
Jun 28, 8:00 PM ET
Accepted
Jun 29, 4:44 PM ET
Size
11.2 KB