Johan Gericke - 18 Nov 2022 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 2022
Net transactions value: -$20,216
Form type: 4
Filing time: 21 Nov 2022, 15:07:56 UTC
Previous filing: 05 Apr 2022
Next filing: 04 Apr 2023
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	+113%		70,511	18 Nov 2022	Direct	F1
transaction	FOA	Class A Common Stock	Tax liability	$20,216	-13,477	-19%	$1.50	57,034	18 Nov 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	-37,383	-50%	$0.000000	37,383	18 Nov 2022	Class A Common Stock	37,383		Direct	F1
holding	FOA	Restricted Stock Units						211,726	18 Nov 2022	Class A Common Stock	211,726		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 ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer ("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. The RSUs have vested and will 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.
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. The RSUs shall vest in one-third increments upon the first, second and third anniversaries of April 1, 2022, subject to the Reporting Person's continued employment on the applicable vesting date.