Sec Form 4 Filing - Jaeger Joseph K. @ FIRST ADVANTAGE CORP - 2021-06-22

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Jaeger Joseph K. 2. Issuer Name and Ticker or Trading Symbol FIRST ADVANTAGE CORP [ FA] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) President, Americas (Last) (First) (Middle) C/O FIRST ADVANTAGE CORPORATION,, 1 CONCOURSE PARKWAY NE, SUITE 200 3. Date of Earliest Transaction (MM/DD/YY) 06/22/2021 (Street) ATLANTA, GA30328 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 06/25/2021 S 13,477 D $ 14.025 ( 1 ) 738,903 ( 2 ) D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Stock Options (Right to Buy) $ 15 06/22/2021 A( 4 ) 314,378 ( 3 ) 06/22/2031 Common Stock 31 4,378 $ 0 314,378 D Stock Options (Right to Buy) $ 15 06/25/2021 A( 5 ) 4,223 ( 3 ) 06/22/2031 Common Stock 4,223 $ 0 318,601 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Jaeger Joseph K. C/O FIRST ADVANTAGE CORPORATION, 1 CONCOURSE PARKWAY NE, SUITE 200 ATLANTA, GA30328 President, Americas Signatures /s/ Bret T. Jardine, Attorney-in-Fact 06/29/2021 Signature of Reporting Person Date

Explanation of Responses:

( 1 )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. ( 2 )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, 567,404 are unvested, of which, (i) 254,076 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) 313,328 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. ( 3 )Of these options, 251,503 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. ( 4 )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. ( 5 )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.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

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