SEC FORM 4

SEC Form 4

FORM 4

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
or Section 30(h) of the Investment Company Act of 1940

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

1. Name and Address of Reporting Person^*

PEQUOT CAPITAL MANAGEMENT INC

(Last)

(First)

(Middle)

500 NYALA FARM ROAD

(Street)

WESTPORT

06880

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
FIRST ADVANTAGE CORP [ FADV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director		10% Owner
Officer (give title below)	X	Other (specify below)
		See Footnote 1

3. Date of Earliest Transaction (Month/Day/Year)
12/02/2005

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock, par value $0.001⁽³⁾	12/02/2005		X		44,700⁽²⁾⁽³⁾	A	$26.1⁽³⁾	2,145,888⁽²⁾⁽³⁾	I⁽²⁾	Investment Advisor⁽¹⁾
Class A Common Stock, par value $0.001⁽³⁾	12/02/2005		X		40,935⁽²⁾⁽³⁾	D	$28.5⁽³⁾	2,104,953⁽²⁾⁽³⁾	I⁽²⁾	Investment Advisor⁽¹⁾
Class A Common Stock, par value $0.001⁽⁴⁾	12/02/2005		X		2,091⁽²⁾⁽⁴⁾	A	$26.1⁽⁴⁾	2,107,044⁽²⁾⁽³⁾⁽⁴⁾	I⁽²⁾	Investment Advisor⁽¹⁾
Class A Common Stock, par value $0.001⁽⁴⁾	12/02/2005		X		1,914⁽²⁾⁽⁴⁾	D	$28.5⁽⁴⁾	2,105,130⁽²⁾⁽³⁾⁽⁴⁾	I⁽²⁾	Investment Advisor⁽¹⁾

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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Warrant (Right-to-buy)⁽³⁾	$26.1⁽³⁾	12/02/2005		X			44,700⁽²⁾⁽³⁾	07/18/2002⁽³⁾	12/20/2005⁽³⁾	Class A Common Stock⁽³⁾	44,700⁽²⁾⁽³⁾	$0⁽³⁾	0	I⁽²⁾	Investment Advisor⁽¹⁾
Common Stock Warrant (Right-to-buy)⁽⁴⁾	$26.1⁽⁴⁾	12/02/2005		X			2,091⁽²⁾⁽⁴⁾	07/18/2002⁽⁴⁾	12/20/2005⁽⁴⁾	Class A Common Stock⁽⁴⁾	2,091⁽²⁾⁽⁴⁾	$0⁽⁴⁾	0	I⁽²⁾	Investment Advisor⁽¹⁾

1. Name and Address of Reporting Person^*

PEQUOT CAPITAL MANAGEMENT INC

(Last)

(First)

(Middle)

500 NYALA FARM ROAD

(Street)

WESTPORT

06880

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director		10% Owner
Officer (give title below)	X	Other (specify below)
		See Footnote 1

1. Name and Address of Reporting Person^*

LENIHAN LAWRENCE D JR

(Last)

(First)

(Middle)

500 NYALA FARM ROAD

(Street)

WESTPORT

06880

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

Explanation of Responses:

1. Pequot Capital Management, Inc. ("Pequot") is an investment advisor registered under Section 203 of the Investment Advisers Act of 1940 and has voting and investment power with respect to securities in its clients' accounts. Pequot disclaims any obligation to file this report, and this report shall not be deemed an admission that Pequot is subject to Section 16 with respect to the Issuer of such securities. Lawrence D. Lenihan, Jr. is an employee of Pequot and serves on the Board of Directors of the Issuer and disclaims beneficial ownership of these securities except to the extent of his pecuniary interest.

2. Pequot disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that Pequot is, for the purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of such securities.

3. Exercised pursuant to the cashless exercise provisions of the warrant, which resulted in Pequot surrendering an aggregate of 40,935 shares of the Issuer's Class A Common Stock, par value $0.001 per share (the "Class A Common Stock"), based on the closing price of the Class A Common Stock on the date of exercise.

4. Exercised pursuant to the cashless exercise provisions of the warrant, which resulted in Pequot surrendering an aggregate of 1,914 shares of the Class A Common Stock, based on the closing price of the Class A Common Stock on the date of exercise.

	Aryeh Davis, GC & COO, Pequot Capital Management, Inc.	12/06/2005
	Lawrence D. Lenihan, Jr., Director (1)	12/06/2005
	** Signature of Reporting Person	Date
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