4//SEC Filing
Collins Scott H. 4
Accession 0001859285-22-000023
CIK 0001859285other
Filed
Apr 6, 8:00 PM ET
Accepted
Apr 7, 6:56 PM ET
Size
6.3 KB
Accession
0001859285-22-000023
Insider Transaction Report
Form 4
Collins Scott H.
Chief Revenue Officer
Transactions
- Award
Stock Option
2022-04-06+115,847→ 115,847 totalExercise: $17.57Exp: 2029-11-11→ Common Stock (115,847 underlying)
Footnotes (1)
- [F1]This Form 4 relates to an option to purchase shares of the issuer's common stock that was originally issued to the reporting person pursuant to an agreement dated December 3, 2018. The option's original terms provided for vesting based upon the cash-on-cash return received by the issuer's pre-IPO investors on their investment in the issuer. As of the date listed in box 3 above, the investors had received no return so the option was completely unvested. To retain and motivate the reporting person, the compensation committee of the issuer's board of directors offered to the reporting person an amendment to the option to change its vesting to service-based vesting in 12 equal quarterly installments beginning on March 31, 2022 and ending December 31, 2024 if the recipient remains in service. The reporting person accepted the amendment on the date listed in box 3 above. For more information, see the issuer's Current Report on Form 8-K filed with the SEC on March 24, 2022.
Documents
Issuer
HireRight Holdings Corp
CIK 0001859285
Entity typeother
Related Parties
1- filerCIK 0001879849
Filing Metadata
- Form type
- 4
- Filed
- Apr 6, 8:00 PM ET
- Accepted
- Apr 7, 6:56 PM ET
- Size
- 6.3 KB