McMahon Frank Vincent 4
4 · FIRST ADVANTAGE CORP · Filed May 1, 2009
Insider Transaction Report
Form 4
McMahon Frank Vincent
Director
Transactions
- Other
Class A Common Stock
2009-04-29+606→ 2,464 total - Exercise/Conversion
Class A Common Stock
2009-04-29+1,054→ 1,858 total - Exercise/Conversion
Restricted Stock Unit
2009-04-29−1,054→ 3,059 total→ Class A Common Stock (1,054 underlying)
Footnotes (4)
- [F1]As a provision of his agreement with the Compensation Committee of The First American Corporation (FAF), the reporting person has agreed that during his term of employment with FAF, he will remit to FAF any after-tax benefit received as a result of the grant of these restricted stock units
- [F2]Each restricted stock unit represents a contingent right to receive one share of FADV common stock.
- [F3]First vesting of the 3,166 restricted stock units the reporting person received as his 2008 annual equity retainer as a director of FADV.
- [F4]The restricted units vest cumulatively in 3 annual installments with the first installment vesting April 29, 2009. The first year and second year vesting installments are 33.3% each. The third year vesting installment is at 33.4%.