Brian L. Libman - Jun 8, 2022 Form 4 Insider Report for Finance of America Companies Inc. (FOA)

Signature
/s/ Tracy Lowe, as Attorney-in-Fact
Stock symbol
FOA
Transactions as of
Jun 8, 2022
Transactions value $
$0
Form type
4
Date filed
6/10/2022, 05:25 PM
Previous filing
Apr 5, 2022
Next filing
Aug 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FOA Class A Common Stock Options Exercise +18.7K +22.01% 104K Jun 8, 2022 Direct F1
holding FOA Class A Common Stock 242K Jun 8, 2022 See Footnote 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 -18.7K -100% $0.00* 0 Jun 8, 2022 Class A Common Stock 18.7K Direct F3, F4
transaction FOA Restricted Stock Units Award $0 +47.6K $0.00 47.6K Jun 9, 2022 Class A Common Stock 47.6K Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects restricted stock units that upon vesting converted into shares of Class A Common Stock of the Issuer ("Common Stock") on a one-for-one basis.
F2 Reflects securities held by an entity for which Mr. Libman serves as a trustee.
F3 Each restricted stock unit represents a contingent right to receive one share of 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.
F4 Reflects restricted stock units that vested on June 8, 2022, the date of the Issuer's first annual stockholders meeting following the date of grant.
F5 These restricted stock units shall vest on the earlier of (i) June 9, 2023 or (ii) the first regularly scheduled annual meeting of the stockholders of the Issuer following the grant date.