Graham Fleming - 01 Apr 2025 Form 4 Insider Report for Finance of America Companies Inc. (FOA)

Role
Chief Executive Officer
Signature
/s/ Tracy Lowe, as power of attorney for Graham Fleming
Issuer symbol
FOA
Transactions as of
01 Apr 2025
Net transactions value
-$1,000,581
Form type
4
Filing time
03 Apr 2025, 16:16:06 UTC
Previous filing
12 Nov 2024
Next filing
14 Nov 2025
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 $0 +16,286 +13% $0.000000 144,708 01 Apr 2025 Direct F1, F2
transaction FOA Class A Common Stock Tax liability $100,071 -4,707 -3.3% $21.26 140,001 01 Apr 2025 Direct F3
transaction FOA Class A Common Stock Options Exercise $0 +40,323 +29% $0.000000 180,324 01 Apr 2025 Direct F1, F4
transaction FOA Class A Common Stock Tax liability $278,293 -13,090 -7.3% $21.26 167,234 01 Apr 2025 Direct F3
transaction FOA Class A Common Stock Options Exercise $0 +66,666 +40% $0.000000 233,900 01 Apr 2025 Direct F1, F5
transaction FOA Class A Common Stock Tax liability $622,216 -29,267 -13% $21.26 204,633 01 Apr 2025 Direct F3
holding FOA Class A Common Stock 2,000 01 Apr 2025 By trust F1

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 -16,286 -100% $0.000000 0 01 Apr 2025 Class A Common Stock 16,286 Direct F1, F2
transaction FOA Restricted Stock Units Options Exercise $0 -40,323 -50% $0.000000 40,322 01 Apr 2025 Class A Common Stock 40,323 Direct F1, F4
transaction FOA Restricted Stock Units Options Exercise $0 -66,666 -33% $0.000000 133,334 01 Apr 2025 Class A Common Stock 66,666 Direct F1, F5
transaction FOA Restricted Stock Units Award $0 +98,874 $0.000000 98,874 01 Apr 2025 Class A Common Stock 98,874 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The number of restricted stock units ("RSUs") and shares of the Issuer's Class A common stock ("Common Stock") have been adjusted to reflect the Issuer's 1-for-10 reverse stock split of its Common Stock effective as of 5:00 p.m. Eastern Time on July 25, 2024.
F2 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.
F3 Represents the withholding of shares of Common Stock for tax purposes in connection with the settlement of RSUs.
F4 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 remaining RSUs vest on the third anniversary of April 1, 2023, subject to the Reporting Person's continued employment.
F5 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 remaining RSUs vest on the second and third anniversaries of April 1, 2024, subject to the Reporting Person's continued employment.
F6 Represents additional RSUs granted to the Reporting Person on April 1, 2025. 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 on the first, second, and third anniversaries of April 1, 2025, subject to the Reporting Person's continued employment.