Graham Fleming - Jan 12, 2023 Form 4 Insider Report for Finance of America Companies Inc. (FOA)

Role: President & Interim CEO
Signature: /s/ Tracy Lowe, as Attorney-in-Fact
Stock symbol: FOA
Transactions as of: Jan 12, 2023
Transactions value $: $0
Form type: 4
Date filed: 1/17/2023, 03:06 PM
Previous filing: Aug 10, 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		+5.95K			5.95K	Jan 12, 2023	By Corp	F1, F2
transaction	FOA	Class A Common Stock	Disposed to Issuer	$0	-5.95K	-100%	$0.00^*	0	Jan 12, 2023	By Corp	F2
holding	FOA	Class A Common Stock						347K	Jan 12, 2023	Direct
holding	FOA	Class A Common Stock						20K	Jan 12, 2023	By trust

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	LLC Units of Finance of America Equity Capital LLC	Options Exercise	$0	-5.95K	-0.47%	$0.00	1.25M	Jan 12, 2023	Class A Common Stock	5.95K		By Corp	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Pursuant to the terms of an exchange agreement, dated as of April 1, 2021, limited liability company units of Finance of America Equity Capital LLC ("FOA Units") held by the Reporting Person are exchangeable for shares of Finance of America Companies Inc.'s (the "Issuer") Class A common stock (the "Class A Common Stock") on a one-for-one basis. These exchange rights do not expire.
F2	Pursuant to the LTIP Award Settlement Agreement (the "LTIP Award Settlement Agreement"), dated as of October 12, 2020, by and among the Issuer, the Reporting Person and certain equityholders of the Issuer and Finance of America Equity Capital LLC, such equityholders are obligated to deliver a number of shares of the Class A Common Stock (either held or acquired upon conversion of FOA Units) to the Issuer in connection with the settlement of awards of restricted stock units granted by the Issuer. On January 12, 2023, in connection with the Issuer's settlement of restricted stock units into shares of the Class A Common Stock, the Reporting Person converted certain FOA Units and delivered certain shares of the Class A Common Stock to the Issuer pursuant to the LTIP Award Settlement Agreement.

Content

Pursuant to the terms of an exchange agreement, dated as of April 1, 2021, limited liability company units of Finance of America Equity Capital LLC ("FOA Units") held by the Reporting Person are exchangeable for shares of Finance of America Companies Inc.'s (the "Issuer") Class A common stock (the "Class A Common Stock") on a one-for-one basis. These exchange rights do not expire.

Pursuant to the LTIP Award Settlement Agreement (the "LTIP Award Settlement Agreement"), dated as of October 12, 2020, by and among the Issuer, the Reporting Person and certain equityholders of the Issuer and Finance of America Equity Capital LLC, such equityholders are obligated to deliver a number of shares of the Class A Common Stock (either held or acquired upon conversion of FOA Units) to the Issuer in connection with the settlement of awards of restricted stock units granted by the Issuer. On January 12, 2023, in connection with the Issuer's settlement of restricted stock units into shares of the Class A Common Stock, the Reporting Person converted certain FOA Units and delivered certain shares of the Class A Common Stock to the Issuer pursuant to the LTIP Award Settlement Agreement.