BRIAN L. LIBMAN - 13 May 2024 Form 4 Insider Report for Finance of America Companies Inc. (FOA)

Role
Director, 10%+ Owner
Signature
/s/ Tracy Lowe, as Attorney-in-Fact
Issuer symbol
FOA
Transactions as of
13 May 2024
Transactions value $
$0
Form type
4
Filing time
15 May 2024, 17:07:42 UTC
Previous filing
03 Apr 2024
Next filing
04 Nov 2024
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 +56.5K +37.35% 208K 13 May 2024 Direct F1
holding FOA Class A Common Stock 242K 13 May 2024 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 -56.5K -100% $0.00* 0 13 May 2024 Class A Common Stock 56.5K Direct F3, F4
transaction FOA Restricted Stock Units Award $0 +100K $0.00 100K 13 May 2024 Class A Common Stock 100K 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 ("RSUs") 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 the Reporting Person serves as a trustee.
F3 Each RSU represents a contingent right to receive one share of Common Stock. The RSUs will be settled in either Common Stock or cash (or a combination thereof) at the discretion of the Issuer's compensation committee.
F4 Reflects RSUs that vested on May 13, 2024, the date of the Issuer's annual stockholders' meeting following the date of grant.
F5 These RSUs shall vest on the earlier of (i) May 13, 2025 or (ii) the regularly scheduled annual stockholders' meeting of the Issuer following the grant date.