Johan Gericke - Nov 18, 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
Stock symbol
FOA
Transactions as of
Nov 18, 2022
Transactions value $
-$20,216
Form type
4
Date filed
11/21/2022, 03:07 PM
Previous filing
Apr 5, 2022
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 +37.4K +112.84% 70.5K Nov 18, 2022 Direct F1
transaction FOA Class A Common Stock Tax liability -$20.2K -13.5K -19.11% $1.50 57K Nov 18, 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 -37.4K -50% $0.00 37.4K Nov 18, 2022 Class A Common Stock 37.4K Direct F1
holding FOA Restricted Stock Units 212K Nov 18, 2022 Class A Common Stock 212K 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.