0001127602-23-015451.txt : 20230512
0001127602-23-015451.hdr.sgml : 20230512
20230512164209
ACCESSION NUMBER: 0001127602-23-015451
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230510
FILED AS OF DATE: 20230512
DATE AS OF CHANGE: 20230512
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Jardine Bret T
CENTRAL INDEX KEY: 0001398537
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-31666
FILM NUMBER: 23916564
MAIL ADDRESS:
STREET 1: 100 CARILLON PARKWAY
CITY: ST. PETERSBURG
STATE: FL
ZIP: 33716
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: FIRST ADVANTAGE CORP
CENTRAL INDEX KEY: 0001210677
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389]
IRS NUMBER: 843884690
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1 CONCOURSE PARKWAY NE, SUITE 200
STREET 2: ATTN: BRET T. JARDINE, ESQ.
CITY: ATLANTA
STATE: GA
ZIP: 30328
BUSINESS PHONE: 888-314-9761
MAIL ADDRESS:
STREET 1: 1 CONCOURSE PARKWAY NE, SUITE 200
STREET 2: ATTN: BRET T. JARDINE, ESQ.
CITY: ATLANTA
STATE: GA
ZIP: 30328
4
1
form4.xml
PRIMARY DOCUMENT
X0407
4
2023-05-10
0001210677
FIRST ADVANTAGE CORP
FA
0001398537
Jardine Bret T
C/O FIRST ADVANTAGE CORPORATION
1 CONCOURSE PARKWAY NE, SUITE 200
ATLANTA
GA
30328
1
See Remarks
0
Common Stock
4378
D
Stock Options (Right to Buy)
6.61
2023-05-10
4
A
0
64607
0
A
2030-01-31
Common Stock
64607
162186
D
Includes shares acquired under the Employee Stock Purchase Plan of First Advantage Corporation.
The reporting person currently owns 64,607 previously unreported stock options, subject to time- and performance-based vesting criteria. Effective as of May 10, 2023, the Company's Board of Directors approved a modification of the vesting terms of unvested and unearned performance-based awards (the "Modification"). The Modification adds incremental vesting criteria to such stock options, which allows the following number of such stock options to vest, based solely on time, as follows, subject to continued service through such date: 12,921 options on January 31, 2024, 25,843 options on January 31, 2025, and 25,843 options on January 31, 2026, while preserving the eligibility to vest earlier upon a future "Realization Event" (as that term is defined in the relevant award agreement). As a result, 100% of such stock options will be vested on January 31, 2026 even if no Realization Event occurs prior to such date.
Includes 97,597 previously reported time-based stock options, with the 32,438 remaining unvested time-based stock options scheduled to vest in equal installments on January 31, 2024 and 2025.
Title: EVP, General Counsel & Secretary
/s/ Bret T. Jardine
2023-05-12