4/A: Advantage Solutions Inc. Executive Corrects Stock Option Expiration Date in Amended SEC Filing
SEC Filing Amendment
Andrea Young, COO of Experiential Services at Advantage Solutions Inc., files an amendment to a previous Form 4 to correct the expiration date of a stock option granted on April 19, 2024.
Summary
- Andrea Young, COO of Experiential Services at Advantage Solutions Inc., filed an amended Form 4 with the SEC.
- The amendment corrects the expiration date of a stock option granted to her on April 19, 2024.
- The stock option, with an exercise price of $4.33, covers 219,200 shares of Class A Common Stock.
- The corrected expiration date for the stock option is April 19, 2031.
- The stock option vests in equal installments over three years from the grant date.
Sentiment
Score: 7
Explanation: The document is a routine correction of a filing, indicating standard corporate governance procedures. It doesn't suggest any underlying issues or significant changes in the company's financial health.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, ensuring transparency in the market.
Key Dates
| Date | Description |
|---|---|
| 04/19/2024 | Date of original stock option grant and transaction date. |
| 04/23/2024 | Date of original Form 4 filing. |
| 04/19/2031 | Corrected expiration date of the stock option. |
| 05/02/2024 | Date of amended Form 4/A filing. |
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