Johan Gericke - 18 Nov 2021 Form 4 Insider Report for Finance of America Companies Inc. (FOA)

Role
EVP, Chief Financial Officer
Signature
/s/ Tracy Lowe, as Attorney-in-Fact
Issuer symbol
FOA
Transactions as of
18 Nov 2021
Net transactions value
-$76,264
Form type
4
Filing time
22 Nov 2021, 15:15:39 UTC
Previous filing
18 Aug 2021
Next filing
05 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FOA Class A Common Stock Options Exercise +37,383 +374% 47,383 18 Nov 2021 Direct F1
transaction FOA Class A Common Stock Tax liability $76,264 -14,255 -30% $5.35 33,128 18 Nov 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 Award $0 +112,149 $0.000000 112,149 18 Nov 2021 Class A Common Stock 112,149 Direct F1
transaction FOA Restricted Stock Units Options Exercise $0 -37,383 -33% $0.000000 74,766 18 Nov 2021 Class A Common Stock 37,383 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 of the Issuer ("Common Stock"). The restricted stock units will be settled in either Common Stock or cash (or a combination thereof) at the discretion of the Issuer's compensation committee. The restricted stock units vest in three equal annual installments beginning on November 18, 2021, subject to the Reporting Person's continued employment on the applicable vesting date.
F2 Represents the withholding of shares of Common Stock for tax purposes in connection with the settlement of RSUs.