Lauren Richmond - Mar 31, 2023 Form 4 Insider Report for Finance of America Companies Inc. (FOA)

Role: Chief Legal Officer
Signature: /s/ Tracy Lowe, as Attorney-in-Fact
Stock symbol: FOA
Transactions as of: Mar 31, 2023
Transactions value $: -$16,565
Form type: 4
Date filed: 4/4/2023, 04:06 PM
Previous filing: Sep 2, 2022
Next filing: Apr 3, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FOA	Class A Common Stock	Options Exercise	$0	+51.6K	+66.09%	$0.00	130K	Apr 3, 2023	Direct	F1
transaction	FOA	Class A Common Stock	Tax liability	-$15.6K	-12.6K	-9.69%	$1.24	117K	Apr 3, 2023	Direct	F2
transaction	FOA	Class A Common Stock	Options Exercise	$0	+3.26K	+2.78%	$0.00	120K	Apr 3, 2023	Direct	F3
transaction	FOA	Class A Common Stock	Tax liability	-$985	-794	-0.66%	$1.24	120K	Apr 3, 2023	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	-51.6K	-50%	$0.00	51.6K	Apr 3, 2023	Class A Common Stock	51.6K		Direct	F1
transaction	FOA	Restricted Stock Units	Options Exercise	$0	-3.26K	-33.33%	$0.00	6.52K	Apr 3, 2023	Class A Common Stock	3.26K		Direct	F3
transaction	FOA	Restricted Stock Units	Award	$0	+121K		$0.00	121K	Mar 31, 2023	Class A Common Stock	121K		Direct	F4

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

Explanation of Responses:

Id	Content
F1	Each restricted stock unit, or RSU, represents a contingent right to receive one share of Class A Common Stock of the Issuer ("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. The remaining restricted stock units vest on the third anniversary of April 1, 2021, subject to the Reporting Person's continued employment.
F2	Represents the withholding of shares of Common Stock in connection with the settlement of restricted stock units.
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. The remaining restricted stock units vest on the second and third anniversaries of April 1, 2022, subject to the Reporting Person's continued employment.
F4	Represents additional RSUs granted to the Reporting Person on March 31, 2023. 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. The restricted stock units shall vest in one-third increments upon the first, second and third anniversaries of the vesting reference date, April 1, 2023, subject to the Reporting Person's continued employment.