4//SEC Filing
GAMSEY DAVID L 4
Accession 0000899243-21-026575
CIK 0001210677other
Filed
Jun 28, 8:00 PM ET
Accepted
Jun 29, 4:43 PM ET
Size
11.0 KB
Accession
0000899243-21-026575
Insider Transaction Report
Form 4
GAMSEY DAVID L
EVP & Chief Financial Officer
Transactions
- Award
Stock Options (Right to Buy)
2021-06-22+224,015→ 224,015 totalExercise: $15.00Exp: 2031-06-22→ Common Stock (224,015 underlying) - Sale
Common Stock
2021-06-25$14.03/sh−17,969$252,015→ 591,993 total - Award
Stock Options (Right to Buy)
2021-06-25+3,009→ 227,024 totalExercise: $15.00Exp: 2031-06-22→ Common Stock (3,009 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, 405,291 are unvested, of which, (i) 181,484 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) 223,807 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, 179,212 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 0001113949
Filing Metadata
- Form type
- 4
- Filed
- Jun 28, 8:00 PM ET
- Accepted
- Jun 29, 4:43 PM ET
- Size
- 11.0 KB