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Advantage Solutions Inc. — Director's Dealing 2024
Apr 23, 2024
32822_dirs_2024-04-23_82949985-12b1-496d-8201-1ed87fc5732d.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: 2024-04-19
Reporting Person: Growe Christopher (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-04-19 | Class A Common Stock | A | 83140 | — | Acquired | 148256 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-04-19 | Performance Restricted Stock Unit | $ | A | 83140 | Acquired | Class A Common Stock (83140) | Direct | |
| 2024-04-19 | Stock Option | $4.33 | A | 263100 | Acquired | 2034-04-19 | Class A Common Stock (263100) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 110000 | Indirect |
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 performance restricted stock units (PSUs) that is a contingent right to receive Class A Common Stock upon vesting. Subject to the achievement of certain performance conditions based on Advantage Cash Earnings and Adjusted EBITDA Margin, the PSUs are scheduled to vest on the third anniversary of the grant date and may vest from 0% to 200% of the target number of PSUs reported on this Form 4.
F3: The stock option is scheduled to vest in equal installments on each of the first, second and third anniversaries of the grant date.