Tai A. Thornock - Apr 1, 2022 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: Apr 1, 2022
Transactions value $: -$30,643
Form type: 4
Date filed: 4/5/2022, 04:16 PM
Previous filing: Oct 1, 2021
Next filing: Apr 4, 2023

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	+141.45%		58.7K	Apr 1, 2022	Direct	F1
transaction	FOA	Class A Common Stock	Tax liability	-$30.6K	-10.1K	-17.17%	$3.04	48.6K	Apr 1, 2022	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	-33.33%	$0.00	68.8K	Apr 1, 2022	Class A Common Stock	34.4K		Direct	F1
transaction	FOA	Restricted Stock Units	Award	$0	+29.3K		$0.00	29.3K	Apr 1, 2022	Class A Common Stock	29.3K		Direct	F3

* 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 third and fourth anniversaries of April 1, 2021, subject to the Reporting Person's continued employment
F2	Represents the withholding of shares of Class A Common Stock in connection with the settlement of restricted stock units.
F3	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 restricted stock units shall vest in one-third increments upon the first, second and third anniversaries of the grant date, subject to the Reporting Person's continued employment.