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Advantage Solutions Inc. — Director's Dealing 2022
Oct 4, 2022
32822_dirs_2022-10-04_9be29483-bdd4-4f75-8378-6cac0a9338bf.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Advantage Solutions Inc. (ADV)
CIK: 0001776661
Period of Report: 2022-10-03
Reporting Person: Stevens Brian (CFO & COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-10-03 | Class A Common Stock | A | 125000 | $0.00 | Acquired | 406082 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-10-03 | Performance Restricted Stock Unit | $ | A | 200892 | Acquired | Class A Common Stock (200892) | Direct | |
| 2022-10-03 | Stock Option (Right to Buy) | $1.00 | A | 1170000 | Acquired | Class A Common Stock (1170000) | Direct |
Footnotes
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 PSUs that is a contingent right to receive Class A Common Stock upon vesting. Subject to the achievement of certain performance conditions based on Adjusted EBITDA and Revenue, the PSUs are scheduled to vest over a three-year period and may vest from 0% to 150% of the target number of PSUs reported on this Form 4.
F3: This stock option represents a right to purchase Class A Common Stock upon vesting. The option vests in equal installments on each of the first, second and third anniversaries of the grant date.