Pestello Jack Anthony 4
4 · Advantage Solutions Inc. · Filed Apr 23, 2024
Insider Transaction Report
Form 4
Pestello Jack Anthony
COO, Branded Services
Transactions
- Award
Performance Restricted Stock Unit
2024-04-19+69,422→ 69,422 total→ Class A Common Stock (69,422 underlying) - Award
Stock Option
2024-04-19+219,700→ 219,700 totalExercise: $4.33Exp: 2034-04-19→ Class A Common Stock (219,700 underlying) - Award
Class A Common Stock
2024-04-19+69,422→ 215,701 total
Footnotes (3)
- [F1]Represents an award of restricted stock units (RSUs) that is a contingent right to receive Class A Common Stock upon vesting. The RSUs are scheduled to vest in equal installments on each of the first, second and third anniversaries of the grant date.
- [F2]Represents an award of performance restricted stock units (PSUs) that is a contingent right to receive Class A Common Stock upon vesting. Subject to the achievement of certain performance conditions based on Advantage Cash Earnings and Adjusted EBITDA Margin, the PSUs are scheduled to vest on the third anniversary of the grant date and may vest from 0% to 200% of the target number of PSUs reported on this Form 4.
- [F3]The stock option is scheduled to vest in equal installments on each of the first, second and third anniversaries of the grant date.