Tai A. Thornock - Sep 29, 2021 Form 4 Insider Report for Finance of America Companies Inc. (FOA)

Role
Chief Accounting Officer
Signature
/s/ Tracy Lowe, as Attorney-in-Fact
Stock symbol
FOA
Transactions as of
Sep 29, 2021
Transactions value $
-$50,702
Form type
4
Date filed
10/1/2021, 05:36 PM
Previous filing
Jun 22, 2021
Next filing
Apr 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FOA Class A Common Stock Options Exercise +34.4K 34.4K Sep 29, 2021 Direct F1
transaction FOA Class A Common Stock Tax liability -$50.7K -10.1K -29.3% $5.03 24.3K Sep 29, 2021 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FOA Restricted Stock Units Options Exercise $0 -34.4K -25% $0.00 103K Sep 29, 2021 Class A Common Stock 34.4K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. The restricted stock units will be settled in either Class A Common Stock or cash (or a combination thereof) at the discretion of the Issuer's compensation committee.The remaining restricted stock units vest in equal installments on each of the first three anniversaries of April 1, 2021, subject to each holder's continued employment or good leaver termination, in each case, as further described in the LTIP Award Settlement Agreement.
F2 Represents the withholding of shares of Class A Common Stock in connection with the settlement of restricted stock units.